340 East 57th St. Corp v. Weaver
| Decision Date | 10 January 1957 |
| Citation | 159 N.Y.S.2d 700,2 N.Y.2d 799 |
| Parties | , 140 N.E.2d 550 340 EAST 57TH ST. CORP., Respondent, v. Robert C. WEAVER, State Rent Administrator, Appellant. 340 EAST 57TH STREET CORP., Respondent, v. TEMPORARY STATE HOUSING RENT COMMISSION, Appellant. MERCEDES REALTY CO., Appellant, v. Robert C. WEAVER, State Rent Administrator, Respondent, and Leo Frankel, Intervenor-Respondent. |
| Court | New York Court of Appeals Court of Appeals |
Appeals from Supreme Court, Appellate Division, First Department, 2 A.D.2d 678, 153 N.Y.S.2d 563; 2 A.D.2d 678, 154 N.Y.S.2d 422.
Landlord brought separate proceedings under the Civil Practice Act, § 1283 et seq., against the Temporary State Housing Rent Commission and against the State Rent Administrator to set aside determination fixing maximum rents and to declare an amendment to rent regulations invalid.
The Supreme Court, New York County, Special Term, Part I, Hecht, J., 3 Misc.2d 356, 153 N.Y.S.2d 851; 3 Misc.2d 1012, 155 N.Y.S.2d 264 entered orders granting application to declare amendment invalid and granting in part application to set aside determination, and the Temporary State Housing Rent Commission and the State Rent Administrator appealed.
The Appellate Division, 2 A.D.2d 678, 153 N.Y.S.2d 563; 2 A.D.2d 678, 154 N.Y.S.2d 422, affirmed the orders.
The State Housing Rent Commission and the State Rent Administrator appealed to the Court of Appeals, contending that a prior administrative grant under the six per cent net return formula has a direct inflationary influence on a subsequent sale price, and that consequently the State Rent Administrator was justified in rejecting the sale price as the index of property value.
Nathan Heller, New York City (Emory Gardiner, New York City, of counsel), for appellants.
McLaughlin & Fougner, New York City (Robert S. Fougner, Eugene J. Morris, Albert W. Fribourg and Matthew J. Domber, New York City, of counsel), for respondent.
Demov & Morris, New York City (Eugene J. Morris and Matthew J. Domber, New York City, of counsel), for intervenor-respondent.
In each proceeding:
Order affirmed, with costs.
All concur.
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I.L.F.Y. Co. v. Temporary State Housing Rent Commission
...base unless special circumstances had affected the price. Appellant stresses the fact that the courts (see 340 East 57th Street Corporation v. Weaver, 2 N.Y.2d 799, 159 N.Y.S.2d 700, and Matter of Florell Equities, Inc. v. Weaver, 2 N.Y.2d 982, 163 N.Y.S.2d 597), held entirely invalid a com......
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Littman v. Caputa
...N.Y.S.2d 851, affirmed 340 East 57th St. Corp. v. Temporary State Housing Rent Commission, 2 A.2d 678, 153 N.Y.S.2d 563, affirmed 2 N.Y.2d 799, 159 N.Y.S.2d 700; Stoll v. Weaver, 16 Misc.2d 271, 181 N.Y.S.2d 655]. * * * In the absence of statutory direction, the adoption of a percentile lin......
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Stoll v. Weaver
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