Veteran landlord/developer Gerald Guterman announced his intention to make a play for ownership of Stuyvesant Town/Peter Cooper Village and work with...
Crain's New York Business | Posted 05.25.2011
A joint venture between Pershing Square Capital Management and Winthrop Realty Services will not be allowed to foreclose on Stuyvesant Town/Peter Coop...
nbcnewyork.com | Posted 05.25.2011
A hedge fund that has acquired a significant portion of the debt of Stuyvesant Town and Peter Cooper Village is now seeking to take control of them, a...
nytimes.com | CHARLES v. BAGLI | Posted 05.25.2011
The lenders at Stuyvesant Town and Peter Cooper Village are expected to begin an uncontested foreclosure action on Tuesday against the owner of Manhat...
AP | RACHEL BECK | Posted 05.25.2011
NEW YORK — Tishman Speyer Properties walks away from 11,232 Manhattan apartments because it can't pay its mortgage. That's good business. Rick ...
nytimes.com | CHRISTINE HAUGHNEY | Posted 05.25.2011
New records show that even as the real estate industry has confronted its worst crisis in decades, developers, construction executives and real estate...
Posted 05.25.2011
Tishman Speyer wasted no time in getting the message out on their massive default of the Stuyvesant Town and Peter Cooper Village properties. The rea...
AP | SAMANTHA GROSS | Posted 05.25.2011
NEW YORK — Like many homeowners who owe more than their properties are worth, the heavy hitters behind the most expensive real estate deal in U....
Crain's New York Business | Posted 05.25.2011
Residents of Stuyvesant Town/Peter Cooper Village whose apartments were illegally deregulated will finally see their rents lowered to estimated rent-s...
nydailynews.com | Larry Mcshane | Posted 05.25.2011
In a ruling that could affect 350,000 city tenants, the state's top court said Thursday that landlords getting tax breaks can't charge luxury rates fo...
Elizabeth Donoghue | Posted 05.25.2011
New York is experiencing what the rest of the country is, too: unemployment and hard times. The Stuy Town decision on rent regulation will help people keep their homes in this uncertain era.
AP | Posted 05.25.2011
NEW YORK — The partnership that paid a record $5.4 billion for two of New York City's biggest apartment complexes is having money problems. The...
AP | DAVID B. CARUSO | Posted 05.25.2011
NEW YORK — It was the most expensive real estate deal in U.S. history. Now it's poised to become one of the biggest flops. At the height of the...
David R. Jones, Esq. | Posted 05.25.2011
I know it's not nice to gloat, but the recent news of the financial turmoil at Stuyvesant Town and Peter Cooper Village is just too good a story of greed and stupidity to let it pass.
New York Times | CHARLES V. BAGLI | Posted 05.25.2011
Three years ago, the sale of the 110 red brick apartment buildings at Stuyvesant Town and Peter Cooper Village in Manhattan amounted to the biggest Am...
Crain's New York Business | Theresa Agovino | Posted 05.25.2011
Tishman Speyer Properties won a huge victory Monday when it was granted the right to appeal a decision that found it had been illegally deregulating r...
ny.curbed.com | Posted 05.25.2011