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  S.J.R. NO.: 6477
      IN THE MATTER OF THE ADMINISTRATIVE :  ADMINISTRATIVE REVIEW
      APPEAL OF                              DOCKET NO.:GC 530273-RO
                                          :  
        OVERLOOK TOWERS CORP.,               RENT ADMINISTRATOR'S
                                             DOCKET NO.:FD 410145-OM
                            PETITIONER    : 
      ------------------------------------X                             

                 ORDER AND OPINION TERMINATING ADMINISTRATIVE APPEAL

      The above-named petitioner-owner timely refiled an Administrative Appeal 
      against an order issued on January 3, 1992 by the Rent Administrator, 92-31 
      Union Hall Street, Jamaica, New York, concerning the housing accommodations 
      known as 100 Overlook Terrace, New York, New York, Various Apartment.

      Subsequent thereto, the petitioner filed a petition in the Supreme Court 
      pursuant to Article 78 of the Civil Practice Law and Rules requesting that 
      the "deemed denial" of its administrative appeal be annulled.

      On September 15, 1992, an order was signed by Justice Shainswit remitting 
      the proceeding to the Division for an expeditious determination of the 
      petitioner's administrative appeal.

      The Commissioner notes that by a notice dated August 19, 1992, the owner 
      and the tenants were notified that the Rent Administrator had reopened the 
      proceeding under Docket No. FD 410145-OM to reconsider the order issued on 
      January 3, 1992.

      In view of the foregoing, the Commissioner is of the opinion that the 
      owner's Administrative Appeal against the order issued under FD 410145-OM 
      should be terminated as the matter is still pending before the Rent 
      Administrator.  Any party aggrieved by the superseding order will have the 
      opportunity to file an Administrative Appeal within thirty-five days after 
      its date of issuance.  The reopened proceeding has been assigned Docket No. 
      GH 410004-RK.

      THEREFORE, in accordance with the provisions of the Rent and Eviction 
      Regulations for New York City and the Rent Stabilization Law and Code, it 
      is

      ORDERED, that this Administrative Appeal be, and the same hereby is, 
      terminated.

      ISSUED:


                                                                    
                                           JOSEPH A. D'AGOSTA
                                       Acting Deputy Commissioner