Stuyvesant Town / Peter Cooper Village

… Who is raising the rent in New York City Its not just the typical landlords you … and rental companieswho are sending out rent increases with lease renewal notices to take advantage of booming demand for rentals Across the US and here in NYC private equitybacked firms have been buying marketrate …

… like its sister complex Peter Cooper Village Today with its new owners the development is going for a more upscale feel … agreement to maintain a portion of the apartments there as rentstabilized After those tenants moved out about 4500 rentstabilized apartments would become affordable …

… years in limbo Stuyvesant TownPeter Cooper Village got a new owner this weekand with it protections for nearly half of its rentstabilized apartments At a press conference yesterday it … that the Blackstone Group is acquiring the middleincome rental complex for a cool $53 billion as Bloomberg reported …