Tishman clashes with Stuy Town tenants over residency

Tishman Speyer Properties, which bought Stuyvesant Town and Peter Cooper Village Manhattan for a record $5.4 billion, has accused hundreds of rent-stabilized tenants of living outside their apartments. Tenants say the charges are part of Tishman’s aggressive drive to push out low-income residents and replace them with high-income ones. In 2006, the average monthly rent at Stuyvesant Town was $1,241 for rent-stabilized units and $2,767 for market-rate units. Three law firms are working on the tenant cases for Tishman and a licensed private investigations service is conducting public records searches.