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Parsing the 'Luxury' Rentals of Stuy Town

Here's a topic near and dear to many: The rising rents ("harsh") and diminishing emotional returns ("nothing super-fancy") of East Side housing projects Stuyvesant Town and Peter Cooper Village, as written up by a Sun contributor:

Since 2002, an estimated 25%, or 2,800 of the 11,216 units of both complexes, have been deregulated. ... It may be that the very ordinariness of [ST/PCV] allayed the suspicions of normally alert housing advocates that the owners would take these developments out of rent stabilization. These may be excellent moderate-income projects, but they are far from elegant.There may be neither a doorman nor a gym, but at least the developments' grounds are an ornithologist's paradise, what with "at least 96 species of birds" migrating through. How can you put a price on that?
· A Surprise Lurks at Stuyvesant Town - Luxury Rentals [NYS]
· Stuyvesant Town [Wikipedia]
· Stealing Peter Cooper's Parking [Curbed]
· Stuy Town Archive [Curbed]