In this CPLR article 78 proceeding, petitioner seeks to annul as arbitrary and capricious a denial of its petition for administrative review (hereinafter PAR) which was deemed denied pursuant to section 26-516 (h) of the Administrative Code of the City of New York and an order vacating the underlying decision of the District Rent Administrator dated June 12, 1987 which denied petitioner's application for rent increases based on a major...
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