Fox v. Stuyvesant Town, Inc.

This is the appeal of Elias M. Fox and 219 others from a judgment of the Superior Court, Chancery Division, entered May 27, 1949, holding that a $5 monthly increase in the rental payable by each plaintiff is lawful and binding upon them as of April 1, 1948. The facts are fully stated in the opinion of Judge Stein, reported in 3 N.J. Super. 408, 66 A.2d 47, and no purpose will be served by repeating them.

The increase of rent involved three classes of tenants; Class I — 37 tenants who held leases executed prior to July 1, 1947; Class II — 31 tenants, each of whom held leases dated prior to July…