Petitioners are the owners of adjoining multiple dwellings in the Village of Freeport, New York. On November 19, 1979, based upon a finding of a vacancy rate of less than 5%, the Trustees of the Village of Freeport, pursuant to the ETPA, passed a resolution declaring a housing emergency, effective December 1, 1979. The Nassau County Rent Guidelines Board thereupon, on January 20, 1980, established guidelines for lease rentals and for fair-market rents for all apartments in...
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