2284 Second Ave. Corp. v. Weaver

This article 78 (Civ. Prac. Act) proceeding is brought by a landlord to annul orders of the State Bent Administrator modifying over-all increases previously granted to compensate the landlord for substantial capital improvements installed to rehabilitate an old-law tenement (State Eent and Eviction Eegulations, § 33). The right of the Administrator to modify such prior rent increases after the *80landlord has applied to and received from the City of New York an abatement of real estate taxes pursuant to Local Law No. 118 of 1955 of the City of New York (Administrative Code, § J41-2.4) has…