Hyperlawhypertext legal database Wallbar Realty Co. v. Conciliation & Appeals Board 55 N.Y.2d 739

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Wallbar Realty Co. v. Conciliation & Appeals Board

55 N.Y.2d 739 Court N.Y. Decision date 1981-11-24 English

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p. 739
In the Matter of Wallbar Realty Co., Appellant, v Conciliation and Appeals Board of the City of New York, Respondent.
Decided November 24, 1981
APPEARANCES OF COUNSEL
Gary M. Rosenberg for appellant.
Ellis S. Franke and William E. Rosen for respondent.

OPINION OF THE COURT

On summary consideration, order affirmed, with costs. The determination of respondent Conciliation and Appeals

p. 740
Board of the City of New York, fixing the “fair market rent” pursuant to section YY51-6.0.2 (subd b, par 1) of the Administrative Code of the City of New York by averaging the guidelines of the Rent Guidelines Board with rents generally prevailing in the same area for substantially similar housing accommodations, is not arbitrary, capricious or irrational as a matter of law.

Concur: Chief Judge Cooke and Judges Jasen, Gabrielli, Jones, Wachtler, Fuchsberg and Meyer.