Trouble at Stuy Town?

The record-smashing $5.4 billion sale of Stuyvesant Town and Peter Cooper Village could be called off due to a provision that limits the annual profit margin for owner MetLife Inc. to 6 percent. The provision dates from 1942. more [Crain’s]
Comptroller looks into sale more [Sun]

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Trouble at Stuy Town?

The record-smashing $5.4 billion sale of Stuyvesant Town and Peter Cooper Village could be called off due to a provision that limits the annual profit margin for owner MetLife Inc. to 6 percent. The provision dates from 1942. more [Crain’s]
Comptroller looks into sale more [Sun]

Sign Up for the undefined Newsletter

By signing up, you agree to TheRealDeal Terms of Use and acknowledge the data practices in our Privacy Policy.