In an article 78 proceeding the issue before the court was whether the action of the respondent directing that a renewal lease entered into between the landlord and tenants be prospective only was arbitrary or capricious. Respondent found that petitioner-landlord did not comply with section 60 of the Rent Stabilization Code in that it did not tender a lease which contained all of the required provisions of the expiring lease and that the tender was not timely. Ample evidence...
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