The Real Deal New York

Stuy Town tenants tap fiscal guru

March 12, 2010 03:16PM

Investment banking group Moelis & Company is set to become a financial advisor to the Stuyvesant Town and Peter Cooper Village Tenants Association, according to Crain’s, throughout the complex’s coming restructuring plan. The move is being made in an effort to ensure than the tenants’ needs are being weighed with the same consideration as creditors’ and potential investors’, according to Al Doyle, president of the association. Doyle said he’s “confident that Moelis & Company can help protect tenants’ interests,” so they will “come out on top of this complex restructuring.”

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