NYC Rent Insanity
Why did I even bother to look?
And it’s in the news today too.
Tenants Roiled by Challenges on Residency
More than a year after buying Stuyvesant Town and Peter Cooper Village in Manhattan for a record-breaking $5.4 billion, Tishman Speyer Properties has accused hundreds of rent-stabilized tenants of living somewhere other than their apartments, a tactic that residents and their lawyers say is part of an aggressive attempt to drive out low-rent tenants to make way for high-rent ones.
Even if they manage to evict hundreds of fake residents, that’ll only make the rents go even higher.
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Mike Cane 2008 
May 27, 2008 at 5:11 pm
What do you think if someone lived in Stuy under the guise of a relative who may have passed or is obviously living somewhere else and is subletting the rent controlled apartment and making a profit?
Please advise.
May 27, 2008 at 5:58 pm
Well since the rent is too damned high for me, in the first case I wouldn’t have a right to an opinion.
For the second, personally, I’d hang the bastard.