On May 15, 2015, petitioner filed a Petition by Owner for High Income Rent Deregulation (OPD) with DHCR. The OPD indicated that the legal rent for the apartment and the tenants' total annual income exceeded the deregulation threshold, as the tenants certified on an Income Certification Form (ICF) (see Administrative Code of City of NY § 26-504.3 [a] [2], [3]). By the mandatory and explicit language of Administrative Code § 26-504.3 (b), DHCR was required...
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