Ivy v. Ferguson

(After stating the foregoing facts.) Where substantial structural alterations and improvements are initiated by the landlord, under the Housing and Rent Act of 1947 involved here, resulting in increase or decrease of living space, the maximum rent is the first rent charged after such change, subject to review and decrease by the Area Rent Director on grounds stated in the rent regulations. Until such review, however, and such order of decrease (that is, during the time prior to the order, when the rent is actually demanded and received) the first rent charged is the lawful rent. The recent…