340 East 57 St. Corp. v. Weaver

Petitioner, 340 East 57 St. Corp., has brought two proceedings, one against the State Rent Adminis*358trator to set aside the latter’s determination fixing the maximum rents of residential property owned by petitioner, and the other, against the Temporary State Housing Rent Commission, to declare invalid an amendment to the latter’s regulations.

On or about March 20, 1955, petitioner filed an application for an increase in the maximum rents, pursuant to clause (1) of paragraph (a) of subdivision 4 of section 4 of the statute (State Residential Rent Law, L. 1946, ch. 274, as amd. by L. 1955, ch.…