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Wrong formula for calculating MBR

Posted by John Howe on May 02, 1997 at 12:14:54:

The front page story in the NY Times 5/2/97 on the rent
regulation battle in Albany has a sidebar (p. B2) stating that
an appeals court has ruled that the wrong formula was used for
calculating the 1996-97 maximum base rents for some rent
controlled aparments, which allegedly favored tenants. Does
anyone know more about this?

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