Not even a month after MetLife’s $4.5-billion sale of Stuyvesant Town and Peter Cooper Village, another big-time building owner is looking to get out of the game. Owners of Starrett City, a 6,000-unit, heavily subsidized rental housing complex in East New York, Brooklyn, are looking to sell, Peter Slatin of The Slatin Report reports. Sources tell Slatin that the asking price for Starrett City could be close to $1.5 billion. more [Slatin Report]
Owners intent on selling more [NYT]
Following in Stuy Town’s footsteps more [GlobeSt]
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Big Brooklyn block to sell
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