Zeppos v. Lewis

HOOD, Associate Judge.

On April 19, 1950, appellants, owners of a building known as Hecht’s Hotel, petitioned the Administrator of Rent Control to fix a rent ceiling of $750 a month on the building unfurnished.1 Accompanying the petition was a written statement by appellee that he-was negotiating for a lease of the building and was willing to pay $750 a month. The Administrator, however, fixed a ceiling of $650 a.month and his order became effective May 26,- 1950. On the following day, May 27, appellants leased the building to appellee for a term of ten years beginning June 1, 1950, at a…