search

The Real Deal Logo

Trending

“I wouldn’t use it, I would just lock the door”: Landlords pan new rehab law“I wouldn’t use it, I would just lock the door”: Landlords pan new rehab lawBillionaire hedge funder Larry Robbins makes South Florida moveBillionaire hedge funder Larry Robbins makes South Florida moveHow Hochul played the “good cause eviction” game, and wonHow Hochul played the “good cause eviction” game, and wonAfter yearslong litigation, former lender wins lawsuit tied to Miami Design District dev siteAfter yearslong litigation, former lender wins lawsuit tied to Miami Design District dev site
New York

From the archives: the Stuy Town fallout

Stuy Town
Stuy Town

As Tishman Speyer’s $5.4 billion acquisition of Stuyvesant Town and Peter Cooper Village transitions from the biggest deal in American real estate to the biggest debacle, the impact on New York residential real estate appears to be profound.

Sign Up for the undefined Newsletter

Tishman and its investment partner, BlackRock Realty, agreed in January to hand over the keys to lenders after failing to make a $16.1 million interest payment. Negotiations then fell apart, and the senior lender filed to foreclose. Read the full story from the March 2010 issue here.

Tags
Stuyvesant Town