This matter, which involves those provisions of the Rent Regulation and Reform Act of 1993 codified at Administrative Code of the City of New York §§ 26-504.1—26-504.3, i.e., the procedure for seeking deregulation of a rent-stabilized apartment where the rent is $2,000 or more per month and, at the time the proceedings in question were commenced, where the tenant/occupant had a total annual income in excess of $250,000 for each of the two preceding years...
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