Peter Cooper, Stuy Town residents will pay for electricity

October 23, 2008 11:15AM

Residents at Peter Cooper Village
and Stuyvesant Town will soon be paying for their own
electricity. Developer Tishman Speyer is in the process of putting in a
metered system to cut costs and reduce overall energy usage. Utilities
are
currently included in the rent. Tishman officials estimate the
energy-savings
plan, which also includes new appliances and an upgraded ventilation
system, will
cost the company $30 million.


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