Who owns peter cooper village

The towers-in-the-park style sister developments are bounded by First Avenue , Avenue C and 14th and 23rd Streets. Together, they contain buildings. The deal, one of the largest real estate transactions in United States history and fueled by borrowing, went sour as conversion of units to market rate was slower than the buyers had expected. Rent-regulated tenants successfully sued to slow down the process and reverse it in some cases. In , Tishman Speyer and BlackRock turned the property over to their creditors to avoid bankruptcy.

The deal closed in December Confirm Password. Forgot your password? Email address. They do not store directly personal information, but are based on uniquely identifying your browser and internet device. If you do not allow these cookies, you will experience less targeted advertising. Social media cookies are set by a range of social media services that we have added to the site to enable you to share our content with your friends and networks.

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You will still see some advertising, regardless of your selection. Because we do not track you across different devices, browsers and GEMG properties, your selection will take effect only on this browser, this device and this website. Skip to Content. By Ralph Ortega April 14, April 14, Who should pay attention most to the StuyTown and Peter Cooper story? The new people moving in are paying market rates, correct? Please talk about the current landlords and their commitment.

Share This:. This website uses cookies to enhance user experience and to analyze performance and traffic on our website. We also share information about your use of our site with our social media, advertising and analytics partners. Cookie Preferences Cookie List. Do Not Sell My Personal Information When you visit our website, we store cookies on your browser to collect information. Allow All Cookies. However, this is not new language. New leases have contained the same language since Ownership has no current plan for submetering.

Meanwhile, if Blackstone does eventually decide to submeter, it would be the second attempt by a Stuy Town owner to pass on the costs to renters. Tishman Speyer had planned to do this but then abruptly dropped the project upon losing the Roberts v. Tishman Speyer lawsuit at the Appellate Court level. By Sabina Mollot. This is when the deadline will have passed for all eligible class suit members.

In other management changes, along with four recent plumbing hires, StuyTown Property Services has also added three new people to its resident relations division.

Those employees will be responsible for cleanliness inspections, maintenance issues and hands-on resident relations, said Blackstone spokesperson Paula Chirhart. Sep 6, PM. Facebook Twitter Reddit Email. NYC news never sleeps. Get the Gothamist Daily newsletter and don't miss a moment.

Terms By submitting your information, you're agreeing to receive communications from New York Public Radio in accordance with our Terms. Stuyvesant Town Peter Cooper Village.