Jacob Goodman & Co. v. Porter

LINDLEY, Judge.

Complainant is the owner of an apartment building at 518 W. 151 Street, New York City. On February 22, 1943, a fire destroyed the elevator and damaged the halls. Approximately $10,000 received from insurance companies and some $8,-000 in addition were spent between March 1, 1943, and November 1, 1943, repairing the damage caused by the fire and in other repairs and replacements. The only question before the Administrator was whether the sums expended amounted to a major capital improvement so as to justify complainant in fixing the maximum rents at the first actual rental…