[DOWNLOAD] "Matter Warren Ackerman Et Al. v. Robert C. Weaver" by Court of Appeals of New York ~ eBook PDF Kindle ePub Free
eBook details
- Title: Matter Warren Ackerman Et Al. v. Robert C. Weaver
- Author : Court of Appeals of New York
- Release Date : January 08, 1959
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 63 KB
Description
[6 N.Y.2d 283 Page 287] We disagree with the Appellate Division that the appellant as agent for the landlord may not obtain a rent increase on the ground that the rental income from the property yields a net annual return of less than 6% of the valuation of the property (State Residential Rent Law [L. 1946, ch. 274, as amd.], § 4, subd. 4, par. [a], cl. [1]; State Rent and Eviction Regulations, § 33, subd. 5). The fact that the property is being operated under a lease by which the owner derives from its lessee greater than a 6% return is not material.