Axelrod v. Starr

This is an action for a declaratory judgment declaring that certain properties owned by plaintiffs are not subject to the New York City Rent Stabilization Law (Administrative Code of City of New York, § YY51-1.0 et seq.). Special Term denied plaintiffs’ motion for summary judgment and entered judgment declaring the plaintiffs’ premises to be subject to the guidelines established by the Rent Guidelines Board created pursuant to section YY51-5.0. Plaintiffs appeal from that order.

Plaintiffs claim that their properties are exempt from the provisions of the Rent Stabilization Law because they are…