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New York

This month in real estate history

Stuy Town discrimination
Stuy Town discrimination

From the June issue: The city’s Board of Estimate approved land and tax breaks for Stuyvesant Town even after the developer said the housing project would be for white residents only, 70 years ago this month. Board members voted 11 to 5 to give a 25-year tax exemption and the use of eminent domain to assist Metropolitan Life Insurance Company in building its $50 million development on Manhattan’s East Side.

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The controversial decision came after a hearing that lasted three and a half hours. [more]

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Stuyvesant Town