While the decision in the Stuyvesant Town rent-regulation appeal won't be known until probably next month, it appears landlord Tishman Speyer is hedging its bets. The Post reports that lawyers for the defense (which also includes former Stuyvesant Town owner MetLife) "begged the court" to at least let the 4,400 stabilized-to-market-rate conversions stand even if the ruling that they were deregulated improperly is upheld. We assume this mea culpa was met with much popcorn-throwing over on 24th Street. [NYP]
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