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MATTER OF METRO. ASSOCS. LTD. P'SHIP v. NEW YORK STATE DIV. OF HOUS. & CMTY. RENEWAL

206 A.D.2d 251 (1994)

614 N.Y.S.2d 502

In the Matter of Metropolitan Associates Limited Partnership, Appellant, v. New York State Division of Housing and Community Renewal, Respondent

Appellate Division of the Supreme Court of the State of New York, First Department.

July 5, 1994

The interpretations of respondent agency of statutes which it administers are entitled to deference if not unreasonable or irrational (Matter of Salvati v Eimicke, 72 N.Y.2d 784, 791). Here, the Deputy Commissioner rationally disallowed that portion of the MCI increases to petitioner, the sponsor/holder of unsold shares in the cooperative complex, which were paid from a fund established...

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