MATTER OF SOLOW

This action involves a long-standing dispute between the parties on the permissible formula for calculating rent increases during the life of the lease. Our holding here is based on the ruling in Avon Prods. v. Solow ( 150 A.D.2d 236).

Concur — Kupferman, J.P., Ross, Milonas, Ellerin and Smith, JJ.