In re Budget Holding Corp.

Application for an order fixing the emergency rent of certain commercial space occupied by the respondents. (L. 1945, ch. 3, § 1 et seq., as amd.)

On March 1, 1943, when the rents for commercial space were frozen, the entire premises which are the subject of this proceeding were occupied by one tenant under a lease which provided for a graduated rental. That lease expired or was cancelled some time during the year 1944, and the landlord made leases to the respondents for terms commencing January 1,1945. The provisions of the Commercial Rent Law (§ 14), respecting the manner of fixing the…