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NEW YORK CITY-The owners of Peter Cooper Village and Stuyvesant Town have agreed to revoke mid-lease rent increases for nearly 1,000 tenants whose leasing agents told them that such increases wouldn’t occur, New York State Attorney General Eric Schneiderman said Tuesday afternoon. The agreement with the AG’s office also includes a ban on mid-lease increases for more than 2,000 other tenants whose leases allowed for such rent adjustments.

Tenants at the massive Midtown South apartment complex who have already filed to terminate their leases may withdraw the terminations and instead stay in their apartments without rent increases, according to Schneiderman’s office. They must submit an affidavit postmarked by June 30 to the AG’s office, describing how and when they claim they were misled by a leasing agent.

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