The issue in this article 78 proceeding, instituted by a representative of the tenants of the affected rent-controlled premises, is the propriety of the ruling of the respondent, City Rent and Rehabilitation Administrator, allowing the application of the intervenor-respondent on behalf of the landlord for a "hardship" or "fair return" rent increase, despite landlord's ownership of the premises for less than two years. Petitioner...
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