There is no justification for disturbing the valuation of the property as now found by the State Rent Administrator since there was ample basis for such a finding. The administrator in determining what amount of rent would be required to afford the landlords a proper return has arrived at a figure which is well in excess of the 15% maximum increase allowable. That finding is sustained ' by the record. Order unanimously affirmed, with $20 costs and disbursements to the respondents. Concur — Peck, P. J., Cohn, Breitel and Rabin, JJ. [See post, p. 964.]
286 A.D. 826
In the Matter of Max Wile, Individually and as Chairman of the Tenants’ Committee, Representing Various Tenants in the Hotel Olcott, Appellants, against Joseph D. McGoldrick, as State Rent Administrator, et al., Respondents.
Wile v. McGoldrick
286 A.D. 826
Case Details
286 A.D. 826
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