Case Name: In the Matter of Herbert J. De Varco, Respondent, against Temporary State Housing Rent Commission, Appellant, and Riverside Ninetieth Corp., Intervener, Appellant
Court: New York Supreme Court, Appellate Division
Jurisdiction: New York
Decision Date: 1953-04-07
Citations: 281 A.D. 955
Docket Number: 
Parties: In the Matter of Herbert J. De Varco, Respondent, against Temporary State Housing Rent Commission, Appellant, and Riverside Ninetieth Corp., Intervener, Appellant.
Judges: 
Reporter: Appellate Division Reports
Volume: 281
Pages: 955–955

Head Matter:
In the Matter of Herbert J. De Varco, Respondent, against Temporary State Housing Rent Commission, Appellant, and Riverside Ninetieth Corp., Intervener, Appellant.

Opinion:
The Rent Administrator was entitled to consider the experience in the preceding- year under the previous ownership in determining the net return. His construction of the statute is a reasonable one. We also hold that the Administrator was not arbitrary and was entitled to find that the assessed valuation should be used, despite the recent sale at a lower figure. Order unanimously reversed, with one bill of $20 costs and disbursements to the appellants, the determination reinstated and the petition dismissed. Present — Peek, P. J., Dore, Van Voorhis and Breitel, JJ.