Lese v. Temporary State Housing Rent Commission

Petitioner landlord brings this proceeding to review an alleged arbitrary determination by the State Bent Administrator, relative to petitioner’s application for an increase in rent pursuant to section 4 (subd. 4, par. [a], cl. [1]) of the State Residential Rent Law (L. 1946, ch. 274, as amd.).

Request was made for a net annual return of 6% based on the value of property which petitioner asserted was a bona fide sale price paid by petitioner in 1956. A year after this date, petitioner made this application which was denied on November 15, 1957. Protest was then filed, and on March 5, 1958 an…