Community Land Trusts NEWS

October 20, 2015
Stuyvesant Town Said to Be Near Sale That Will Preserve Middle-Class Housing

Stuyvesant Town-Peter Cooper Village, the largest apartment complex in Manhattan, is expected to be sold for more than $5.3 billion, an agreement that will preserve nearly half the 11,232-unit complex for middle-class families, according to officials involved in the negotiations. The sale, to the Blackstone Group, a Wall Street investment firm and one of the […]