
    Towers Hotel Investors Corp., Appellant, v Miriam D. Davis et al., Respondents.
    Argued June 10, 1977;
    decided June 30, 1977
    
      
      Abraham L. Watarz and Edward H. Freiberger for appellant.
    
      Kent Karlsson for respondents.
    
      Irving S. Freedman and Joel H. Weinstein for Metropolitan Hotel Industry Stabilization Association, Inc., amicus curiae.
    
   Concur: Chief Judge Breitel and Judges Jasen, Gabrielli, Jones, Wachtler, Fuchsberg and Cooke.  