285 A.D. 1127 | N.Y. App. Div. | 1955
The improvements made by the landlord in this case, albeit by requirement of law, added benefit and value to the apartments and the landlord was admittedly entitled to an appropriate increase in rent as compensation for the improvements made. The applicable rule of the rent commission is to amortize the cost of the improvements over a ten-year period. The landlord asserts that the total cost of the alterations was close to $10,000. The State Rent Administrator did not test this figure or examine into the actual cost, but