Residents of Stuyvesant Town-Peter Cooper Village will get another half year of rolled back rents. The rents were originally lowered last December after a court ruling that found owner Tishman Speyer raised rents illegally. Now the Post reports that the tenants and owner Tishman Speyer "announced yesterday they'll extend the agreement for another six months because they have yet to come up with the final rent tally." This comes as residents of the huge complex are still exploring ways to buy the property.
Stuy Town Rents Stay Reduced For Another 6 Months
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"It puts more of a burden on New York — puts more of a burden on 49 other states."
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