Judge Rules in Our Favor – All Apartments Stay Regulated

On January 4, 2023, Justice Robert Reed issued a decision in favor of the Stuyvesant Town–Peter Cooper Village Tenants Association, basically ruling that the 2019 rent laws supersede the regulatory agreement Blackstone signed with the City, which allowed for the deregulation of the J-51 units. The 2019 rent laws cover all apartments at STPCV. In general, it affects original members of the Robert’s class and those paying more than $2,800 are protected by state legislation. Link to Decision

Posted 1/7/23