MCIs will show up on January rent bills

Tenants Association attorney Tim Collins speaks to residents, while Assembly Member Brian Kavanagh, State Senator Brad Hoylman and TA Chair Susan Steinberg listen. (Photo by Sabina Mollot)

Tenants Association attorney Tim Collins speaks to residents about MCIs at a recent meeting, while Assembly Member Brian Kavanagh, State Senator Brad Hoylman and TA Chair Susan Steinberg listen. (Photo by Sabina Mollot)

ST-PCV Tenants Association says it’s negotiating with CWCapital, DHCR

‘Roberts’ payments from Met approved

By Sabina Mollot

Residents of Stuyvesant Town/Peter Cooper Village, who were hit over the last couple of months with a total of five MCIs (major capital improvements), will see those MCIs on their January rent bills.

The ST-PCV Tenants Association warned neighbors of the soon-to-come increases in an email blast on Friday evening. However, the Association said it is continuing to try and reach an agreement with management. The organization also reported that tenants who have already agreed to CW’s offer to reduce their retroactive payments in exchange for not challenging the MCIs could still change their minds.

“CWCapital has asserted that any resident who previously accepted their MCI reduction offer issued in early November will have the ability to participate in any revised terms that are negotiated with the TA,” the Association wrote.

The email also noted that along with management, the Division of Housing and Community Renewal (DHCR) has also been participating in negotiations over the MCIs with the TA. Those talks have been taking place over the last few weeks.

“The Tenants Association entered into these discussions in an effort to reach an agreement that would be beneficial to tenants,” the TA wrote.

“While we hope to achieve a satisfactory settlement, CWCapital will be charging the full MCI increases starting in January 2014. However, should an agreement be achieved, any adjustments to the rent bills will be made and credits will be given in subsequent months. Note that no retroactive portion of the MCI increases should be charged at this time.”

A rep for CWCapital declined to comment on the ongoing talks.

The MCIs were issued for work done in 2009 by Tishman Speyer for security upgrades, water tanks and valves, doors and resurfacing.

In other news, residents who are members of the “Roberts vs. Tishman Speyer” class action suit will get their damages from Met Life by the end of the year.

As T&V reported last week, those residents would be getting 110 percent of what they overpaid in rent to Met, pending approval by a judge. On Friday, “Roberts” tenants’ attorney Alex Schmidt said the judge signed the order and the checks should go out no later than Friday, December 27. Payments from CWCapital should follow, he added, “hopefully” in one or two installments in the next 60-90 days.

Of the 12,000 people who filed claims for “Roberts,” more than 3,000 are getting payments from Met Life.

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