The owners of Stuyvesant Town and Peter Cooper Village, the iconic middle-class housing complexes overlooking the East River in Manhattan, have decided to turn over the properties to creditors, officials said Monday morning. NYT
The owners of Stuyvesant Town and Peter Cooper Village, the iconic middle-class housing complexes overlooking the East River in Manhattan, have decided to turn over the properties to creditors, officials said Monday morning. NYT
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one of the more spectacularly greedy moments in naughties real estate bubbles. hope this is a warning for the next megadeveloper whose main plan is to renovate apartments out of rent stabilization, but i'm afraid that might be hoping too much.
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