Tishman Speyer Loses Out in Stuy Town Lease Lawsuit
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The myriad woes of Tishman Speyer and their megacomplex, Stuyvesant Town and Peter Cooper Village, continue. Yesterday a judge ruled in favor of tenants accusing the landlords of illegally raising rents and deregulating rent-controlled apartments. It could ultimately cost them up to $200 million that they don't have. [NYT]
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