Case Name: In the Matter of Bowery Savings Bank, Respondent. Ernest F. Eidlitz et al., Copartners Doing Business under the Name of Eidlitz, French, Fink & Markle, Appellants
Court: New York Supreme Court, Appellate Division
Jurisdiction: New York
Decision Date: 1950-03-28
Citations: 276 A.D.2d 1011
Docket Number: 
Parties: In the Matter of Bowery Savings Bank, Respondent. Ernest F. Eidlitz et al., Copartners Doing Business under the Name of Eidlitz, French, Fink & Markle, Appellants.
Judges: 
Reporter: Appellate Division Reports
Volume: 276
Pages: 1011–1011

Head Matter:
In the Matter of Bowery Savings Bank, Respondent. Ernest F. Eidlitz et al., Copartners Doing Business under the Name of Eidlitz, French, Fink & Markle, Appellants.

Opinion:
Present — Peck, P.J., Glennon, Dore, Cohn and Callahan, JJ.; Cohn J., dissents and votes to reverse the order appealed from and to dismiss the petition in the following memorandum: I agree with the findings of the majority save that I am of the view that the fair rental value of all of the space occupied by the petitioner hank was $395,000 a year, which would mean that $270,000 should be produced from the remainder of the premises in order to supply a fair return. Since the rents received from that part of the building not occupied by petitioner are in excess of the amount required to produce a reasonable return, no increase in the appellants' rent is warranted. Settle order on notice.