Cornell University v. New York City Conciliation & Appeals Board

In this action, plaintiffs, eleemosynary institutions which own housing accommodations, seek a judgment declaring those accommodations exempt from the provisions of the Rent Stabilization Law (Local Laws, 1969, No. 16 of City of New York), and not subject to any control or regulation. In a second cause of action, plaintiffs claim that if the accommodations are determined to be subject to rent stabilization, then the Rent Stabilization Law is unconstitutional as depriving plaintiffs of an adequate return. In the motions now before the court, plaintiffs seek summary judgment on their first…