The New York City Office of Rent Control revoked petitioner tenant's senior citizen rent increase exemption for the reason that her "disposable income" exceeded $8,000 per year. It appears that for the year 1979 petitioner's Social Security, interest and dividend income totaled $15,754. Subtracting from this, Federal, city and State income taxes totaling $1,584, the commissioner found that petitioner's 1979 aggregate annual disposable income was $14,170. This did not include...
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