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Real Estate & Property Law

: The Home Equity Theft Reporter

City Concerned About Effect On Tenants From Unwinding $5.4B Purchase Of 11,000+ Unit Apartment Complexes Gone Bad

By r morris

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In New York City, The New York Times reports:Three years ago, the sale of the 110 red-brick apartment buildings at Stuyvesant Town and Peter Cooper Village in Manhattan represented the most expensive American real estate deal in history.(1) Now the buyers are running out of time and money. Jerry I. and Rob Speyer and their partner, BlackRock Realty, who paid $5.4 billion for the quiet

Full post as published by The Home Equity Theft Reporter on September 15, 2009 (boomark / email).

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