Arnoff v. Ross

Upon an application made by the Wayne Hotel, Inc., which operates a hotel at 309 West 86th Street, New York City, the temporary city housing rent commission, created by Local Law No. 54 of the City of New York (1947) issued an order, dated January 12, 1948, which allowed an *470overall increase of 29% on the rentals to he paid by the permanent tenants of the hotel Review is sought of the action by the commission pursuant to article 78 of the Civil Practice Act. The determination of the commission proceeded on the basis that the owner was not obtaining a 6% return on the fair value of the…