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MATTER OF GIFFUNI BROS. v. NEW YORK STATE DIVISION OF HOUSING AND COMMUNITY RENEWAL

293 A.D.2d 402 (2002)

742 N.Y.S.2d 205

In the Matter of GIFFUNI BROS., Appellant, v. NEW YORK STATE DIVISION OF HOUSING AND COMMUNITY RENEWAL et al., Respondents.

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

Decided April 25, 2002.

The Rent Regulation Reform Act of 1993 ([Reform Act] L 1993, ch 253) provides for deregulation of rent stabilized apartments having monthly rents over $2,000 when the tenant's income exceeds a threshold level of $175,000 per annum in each of the two years preceding a landlord's petition for deregulation (see, Administrative Code of City of NY § 26-504.3). In accordance with the Reform Act, DHCR sent the tenants of the rent stabilized apartment here at issue an...

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