This proceeding was begun in August, 1949, for fixation of rents pursuant to the "alternative" provisions of section 4 of the Business Rent Law (L. 1945, ch. 314, as amd. by L. 1949, ch. 535). Thereafter the statute was amended to limit increases in an "alternative" proceeding to 15% over existing rents (L. 1950, ch. 326, eff. March 31, 1950). The landlords-petitioners applied for leave to amend their petition...
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