OPINION OF THE COURT
SULLIVAN, J. P.,
At issue in this CPLR article 78 proceeding is a tenants' challenge to the initial monthly stabilized rent, established 10 years earlier with respect to a luxury six-room apartment overlooking Central Park, in Manhattan. In September 1990, the tenants, petitioners herein, took possession of apartment 9A, located at 327 Central Park West, under a vacancy twoyear lease...
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