Stuyvesant Town, Peter Cooper Village Tenants Get to Keep Their Affordable Rent

Categories: Housing, Stuy Town

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Flickr/Marianne O'Leary
Some good news on the affordable housing front. After a two-month investigation, the New York Attorney General's office has gotten the owners of Stuyvesant Town and Peter Cooper Village to back off the midterm rent increases they sprang on tenants last May.

The turnaround comes as a result of reports that leasing agents representing the owning company not only peddled misleading information about the contract change, but goaded them, in person and by e-mail, into signing papers that hadn't been properly explained to them.

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Dan Garodnick Q&A: The Senate Bill That Would Bail Out Landlords and Gut Court Ruling on Stuy Town Rents

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David Shankbone
In 2009, a landmark state appeals court ruling found that the owners of Stuyvesant Town-Peter Cooper Village had illegally deregulated 4,400 apartments while enjoying special tax breaks from the city. Its impact wasn't quite clear; no one was sure what the legal rents of those apartments should be or how much the wronged tenants should receive in rebates.

Now, a bill is making its way through the state Senate that, as the Times succinctly puts it, "would allow landlords to buy their way out of the problem."

Tenant advocates and Dan Garodnick, the councilman who represents Stuy Town, hotly oppose the bill. Garodnick — who was also born and raised and still lives there — gives Runnin' Scared his take.

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