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PRUDENTIAL INS. CO. v. MAYOR AND BD. OF COUNCIL OF TOWN OF GUTTENBERG

196 N.J. Super. 482 (1984)

483 A.2d 417

THE PRUDENTIAL INSURANCE COMPANY OF AMERICA, PLAINTIFF-RESPONDENT, v. MAYOR AND BOARD OF COUNCIL OF THE TOWN OF GUTTENBERG, AND THE RENT CONTROL BOARD OF THE TOWN OF GUTTENBERG, DEFENDANTS-APPELLANTS.

Superior Court of New Jersey, Appellate Division.

Decided October 18, 1984.

Attorney(s) appearing for the Case

John Tomasin, attorney for defendants-appellants.

Greenbaum, Greenbaum, Rowe, Smith, Bergstein, Yohalem & Bruck, attorneys for plaintiff-respondent (Arthur M. Greenbaum of counsel and on the brief and Nancy E. Brodey on the brief).

Before Judges ANTELL, J.H. COLEMAN and SIMPSON.

The opinion of the court was delivered by ANTELL, P.J.A.D.

This appeal involves plaintiff's right to a tax surcharge of its pre-conversion tenants in the Galaxy Towers, a condominium apartment building owned by plaintiff in the Town of Guttenberg. Plaintiff filed its master deed March 26, 1980 and a declaration of conversion was recorded January 26, 1981. Thereafter Guttenberg enacted a rent control ordinance to be administered by the Guttenberg Rent Control Board...

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