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MATTER OF METRO. LIFE INS. CO. v. NEW YORK STATE DIV. OF HOUS. & CMTY. RENEWAL

235 A.D.2d 354 (1997)

653 N.Y.S.2d 318

In the Matter of Metropolitan Life Insurance Co., 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.

January 28, 1997

Respondent's interpretation of Rent Stabilization Code (9 NYCRR) § 2522.4 (a) (8) to mean that an owner must file a MCI rent increase application within two years of the physical completion of the MCI work is rational, and should be upheld (see, Matter of Parcel 242 Realty v New York State Div. of Hous. & Community Renewal, 215 A.D.2d 132, 136, lv denied 86 N.Y.2d 706). Respondent's use of the physical completion...

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