Topic: Peter Cooper Village

Owners: $5.4B NY housing complexes go to creditors

Owners: 2 NYC apartment complexes bought for record $5.4B will be turned over to creditorsLike many homeowners who owe more than their properties are worth, the heavy hitters behind the most expensive real estate deal in U.S. history are giving up the two massive apartment complexes they bought ...
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Huge NYC apartment complex misses loan payment

NEW YORK (Reuters) - The joint venture led by Tishman Speyer and BlackRock Inc that owns New York City's vast Stuyvesant Town/Peter Cooper Village apartment complex on Friday said it missed making its full loan payment, moving the deal one step closer toward possible foreclosure. Credit agencies had warned ...
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Stuyvesant tenants may ask court to set rent

NEW YORK (Reuters) - Attorneys for tenants in a vast New York City apartment complex said they would ask the state court to set the next 2010 rents if negotiations with landlord Tishman Speyer are unsuccessful. The tenants lawyers also want Tishman Speyer to hand over control of an escrow account ...
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NYC renters, landlord seek accord over rent fight

NEW YORK (Reuters) - Tenants in a vast New York City apartment complex and owner Tishman Speyer on Friday said they had opened talks to settle a rent clash, one day before a planned rally against the landlord. New York's top court on October 22, ruled that Tishman Speyer and ...
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