Leighton v. Bearman

On July 14, 1949, the Federal Housing Expediter increased the maximum rent for the tenant’s apartment from $45.25 to $47.48 a month, effective November 15, 1948, on the ground of hardship. On July 18, 1950, the Federal Housing Expediter increased the maximum rent from $47.48 to $51.14 a month, effective June 3, 1949, under the fair net operating income formula. Beginning November 1,1949, and continuously thereafter the tenant paid $45.25 a month rent in reliance on Local Law No. 73 of the Local Laws of 1949 of the City of New York (the Sharkey Law). In this summary proceeding the landlord…