Appellate Division of the Supreme Court of the State of New York August 22, 2012 (London Leasing Ltd. Partnership v. Division of Housing & Community Renewal)

In a proceeding pursuant to CPLR article 78 to review a de*669termination of the New York State Division of Housing and Community Renewal dated July 23, 2010, which denied a petition for administrative review and confirmed a determination of the Rent Administrator dated January 7, 2010, disallowing certain costs claimed by the petitioner in connection with its application for a major capital