District Court, S.D. New York July 20, 1998, 96 CIV. 7943(LLS) (Greystone Hotel Co. v. City of New York)

OPINION AND ORDER

STANTON, District Judge.

The Greystone Hotel (“Greystone”) claims that it is meant to be a transient hotel, housing guests at its own rate of $90 per night, but the law forces it to give leases to permanent tenants at a much lower rate set by the state.