R.S isn't so cheap at Stuy Town

http://www.nydailynews.com/new-york/stuyway-robbier-cry-tenants-article-1.1344287 Many Stuy Town tenants are getting hit with big rent increases in the middle of their leases, the Daily News has learned. Shell-shocked tenants will have to pay as much as $1,100 more per month — with as little as two weeks notice. “I’m horrified,” said Kristen Farver, 38, who was among about 1,290 tenants who had... [more]

http://www.nydailynews.com/new-york/stuyway-robbier-cry-tenants-article-1.1344287 Many Stuy Town tenants are getting hit with big rent increases in the middle of their leases, the Daily News has learned. Shell-shocked tenants will have to pay as much as $1,100 more per month — with as little as two weeks notice. “I’m horrified,” said Kristen Farver, 38, who was among about 1,290 tenants who had rent increase notices slipped under their doors Tuesday. ------------ http://www.businessweek.com/news/2013-05-23/defaulted-manhattan-complex-rewarding-patient-money-mortgages Gary Delgado learned last week from a note slipped under his door that the rent for his two-bedroom apartment at Manhattan’s Stuyvesant Town will jump by $920 to $4,220 a month in July. Unable to move immediately, he says he’ll stick it out for another year. “We’ll do it, but this takes away from tuition,” said Delgado, 48, who has two sons in college. “I can’t turn on a dime.” [less]