In re Stabler
Opinion of the Court
By adopting the amounts paid for wages and real estate taxes during the year preceding the application, in its computation of reasonable rents, the court allowed inadequate amounts for those purposes. While past experience in the maintenance and operation of business property is to be given great weight, it is nevertheless only a guide as to the probable cost in the future. Where it appears that the cost of allowable items of expense has increased or decreased, such evidence is to be considered and given effect.
The order appealed from should, therefore, he modified accordingly and as so modified affirmed, with costs to the petitioners.
Peek, P. J., Glennon, Cohn, Callahan and Van Voorhis, JJ., concur.
Order unanimously modified in accordance with opinion and, as so modified affirmed, with costs to the petitioner. Settle order on notice. [See post, p. 922.]
Case-law data current through December 31, 2025. Source: CourtListener bulk data.