Duane Street Associates v. Roberts

Determination of respondent Department of Housing Preservation and Development dated September 28, 1998, granting petitioner limited profit housing owner a rent increase claimed to be inadequate, unanimously confirmed, the petition denied and the proceeding brought pursuant to CPLR article 78 (transferred to this Court by order of the Supreme Court, New York County [Barbara Kapnick, J.], entered on or about August 4, 1999), dismissed, without costs.

The challenged determination has a rational basis in the record, namely, the projection of revenues and expenses for the housing development made…