Friday, April 23, 2010

Stuy Town to be split...


From Bloomberg:
By Oshrat Carmiel
April 23 (Bloomberg) -- Manhattan’s Stuyvesant Town and Peter Cooper Village apartments, the city’s largest residential enclave, could be sold in two pieces under a court proposal filed by lenders.
Debt due on the properties has now ballooned to $3.66 billion, according to a filing in U.S. District Court in New York.

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