This is a proceeding under the Commercial Rent Law (L. 1945, ch. 3, as amd.) to fix the reasonable rent of vacant space, 209-211 East 44th and 204-208 East 45th Street, in the borough of Manhattan, occupied by the respondent, a statutory tenant, as a parking lot. Initially the petitioner sought an increase under the alternative square-foot formula, but when the 1950 amendment placed a 15% ceiling...
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