Speyer moves into apartments with deal

The new owner of Stuyvesant Town and Peter Cooper Village isn’t known for owning apartments. Instead, Jerry Speyer is best-known for being involved in commercial real estate projects, including the development of The New Yankee Stadium And The New Hearst Building On Eighth Avenue. more [NYT]
Meanwhile, for now, Tishman Speyer is promising that the two complexes won’t be turned into condos. more [NYO]