147 East 86th Street, Inc. v. Yaeger

On June 1, 1944, the “ freeze date ” provided for in the Business Rent Law (L. 1945, ch. 314, § 2, subd. [c]), the premises in concern were vacant and were not used or occupied as business space.

*459In December, 1945, the parties entered into an agreement in writing, and conforming to said subdivision (c) of section 2, it recited that said space was not rented on June 1,1944; that the parties had entered into an agreement for a term of one year at a rent reserved at the sum of $900 per annum, and the parties agreed that the reasonable rent for said space on June 1, 1944, was said sum of $900 per…