210 E. 68th St. Corp. v. City Rent Agency

This is an action for a declaratory judgment and an injunction, brought as a class action by the owner of rent-controlled property in the City of ‘New York, on behalf of .plaintiff and all other owners similarly situated. The action seeks to invalidate a recently adopted New York City Local Law (Local Laws, 1973, No. 24 of City of New York), enacted over the Mayor’s veto. The law, inter alia, (1) repealed the maximum base rent (MBR) provisions then contained in the City Rent and Rehabilitation Law (Local Laws, 1962, No. 20 of City of New York, as amd. by Local Laws, 1970, No. 30 of City of…