Huffington Post – by Heather Holland
STUY TOWN — Residents of Stuyvesant Town and Peter Cooper Village were shocked to find a notice taped to their doors on Tuesday, giving tenants two weeks to either pay a mid-lease rent increase or move out.
CW Capital, the primary lease holder of the property, distributed notices detailing rent increases ranging from $100 to over $900 per month, and said tenants would have to decide whether to pay the increase or move out within 60 days of the notice that was doled out to individual tenants on Tuesday afternoon. Continue reading “Stuy Town Owner To Tenants: Pay Mid-Lease Rent Increase, Or Face Eviction In Two Weeks”

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