Steinberg v. Weaver

This is a proceeding to review the determination of respondent denying decontrol and fixing maximum rent.

*531Rosalynd Realty Corporation acquired the subject premises in 1942. The sole stockholder of the corporation died, bequeathing his shares of stock to a trust he had previously created for the benefit of his wife and children. The petitioner is one of such trust beneficiaries, all of whom actually receive income from the trust created for them prior to the deed of conveyance of the property to the trust in 1953. Physical possession thereof by the petitioner is in behalf of the trust and by…