MEMORANDUM:
The Appellate Division order should be reversed, with costs, and the case remitted to Supreme Court for further proceedings in accordance with this memorandum.
After tenant-of-record surrendered possession of a rent-stabilized apartment, Landlord entered into a so-ordered stipulation with Tenant, who had been subletting the apartment, for an unregulated lease purporting to fix rent at a sum that exceeded the legal limit under the Rent Stabilization...
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