In re Jewelry Center Co.

The requirement that an adverse change in circumstances must be shown to exist before a second application may be made under subdivision 1 of section 4 of the emergency rent laws (Commercial Rent Law, § 4; L. 1945, eh. 3, as amd., Business Rent Law, § 4; L. 1945, eh. 314, as amd.) does not extend to alternative proceedings under subdivision 2. Relief under subdivision 1 may be granted only where it appears that the gross rentals from the entire building are insufficient to yield a fair return to the landlord. Once an increase has been allowed under that subdivision a second proceeding may not…