Case Name: In the Matter of 601 West 26 Corp., Respondent-Appellant. Midtown Warehouse, Inc., Appellant-Respondent, et al., Respondents
Court: New York Supreme Court, Appellate Division
Jurisdiction: New York
Decision Date: 1954-04-27
Citations: 283 A.D. 869
Docket Number: 
Parties: In the Matter of 601 West 26 Corp., Respondent-Appellant. Midtown Warehouse, Inc., Appellant-Respondent, et al., Respondents.
Judges: 
Reporter: Appellate Division Reports
Volume: 283
Pages: 869–869

Head Matter:
In the Matter of 601 West 26 Corp., Respondent-Appellant. Midtown Warehouse, Inc., Appellant-Respondent, et al., Respondents.

Opinion:
On this record we find the fair value of the property to be $6,150,000 as of the time in question. Furthermore, profits from sale of electricity should not have been included in the expenses allowable. Order unanimously modified so as to fix rents on the basis indicated and, as so modified, affirmed. Settle order on notice. Present — Peck, P. J., Cohn, Callahan, Bastow and Bergan, JJ.