McCarthy v. New York State Division of Housing & Community Renewal

Order and judgment (one paper), Supreme Court, New York County (William Davis, J.), entered March 24, 1994, which denied petitioner’s application pursuant to CPLR article 78 to annul respondent’s determination granting an application by the owner of the subject premises for a rent increase, and dismissed the petition, unanimously affirmed, without costs.

Respondent’s determination to include debt service arrears as current operating expenses in calculating a rent increase application for this Mitchell-Lama publicly assisted limited profit development conformed to the agency’s statutory…