DL 610076 RO

                                STATE OF NEW YORK
                    DIVISION OF HOUSING AND COMMUNITY RENEWAL
                          OFFICE OF RENT ADMINISTRATION
                                   GERTZ PLAZA
                             92-31 UNION HALL STREET
                             JAMAICA, NEW YORK 11433

      ------------------------------------X 
      IN THE MATTER OF THE ADMINISTRATIVE :  ADMINISTRATIVE REVIEW
      APPEAL OF                              DOCKET NO. DL 610076 RO

                                          :  DISTRICT RENT ADMINISTRATOR'S
           Time Equities, Inc.,              DOCKET NO. CC 610425 R
                                            
                                             TENANT: James Simmons            
              

                            PETITIONER    : 
      ------------------------------------X                             

         ORDER AND OPINION TERMINATING PETITION FOR ADMINISTRATIVE REVIEW
                     AND MODIFYING THE ADMINISTRATOR'S ORDER

      On December 22, 1989, the above-named owner filed a petition for 
      administrative review of an order issued on November 30, 1991, by a 
      District Rent Administrator concerning the housing accommodations known 
      as 2865 University Avenue, Bronx, New York, Apartment No. C8, wherein 
      the Administrator determined that an overcharge had occurred.

      The Commissioner has reviewed all of the evidence in the record and has 
      carefully considered that portion of the record relevant to the issues 
      raised by the administrative appeal.  

      This proceeding was commenced on March 25, 1988 by the filing of an 
      overcharge complaint.  In the order here under review, the Administrator 
      established the lawful stabilization rent for the subject apartment and 
      calculated the total overcharges (including treble damages) due the 
      tenant.  The owner's petition for administrative review requested 
      modification of the Administrator's order. 

      Subsequently, the Division of Housing and Community Renewal (DHCR) was 
      advised by both parties that a settlement had been reached resolving all 
      disputed matters.  A copy of the settlement agreement was included.  
      Accordingly, the owner requested withdrawal of its petition.

      The Commissioner grants approval of the negotiated settlement agreement 
      insofar as it establishes the tenant's rent at $637.34 per month for the 
      period of September 1, 1992 to August 31, 1984.  This amount is well 
      within the legal rent established by the Administrator. 



      However, to the extent that the stipulation purports to settle 












          DL 610076 RO

      arrearages, the Commissioner notes that this is a contractual matter 
      between the parties not within the purview of the Rent Stabilization Law 
      and Code, and not subject to the jurisdiction of the DHCR.

      THEREFORE, in accordance with the provisions of the Rent Stabilization 
      Law and Code, it is

      ORDERED, that this petition be, and the same hereby is, terminated, and, 
      that the Administrator's order be, and the same hereby is, modified in 
      accordance with this order and opinion.



      ISSUED:



                                                                    
                                      JOSEPH A. D'AGOSTA
                                      Acting Deputy Commissioner