Mayfair-York Corp. v. McGoldrick

Neither the statute nor the regulations give the Bent Administrator power to supervise or regulate the method of financing proposed subdivisions of larger apartments under section 57 of the State Bent and Eviction Begulations of the commission. Nevertheless, he may consider, as one of several factors, the element of financial resources in determining the landlord’s good faith and intention to effect the alterations. (Cf. Matter of Asco Equities v. McGoldrick, 285 App. Div. 381.) This does not mean that the landlord must establish any particular level of financial ability or that his method of…