Stuy Town general manager steps down
The general manager of Stuyvesant Town-Peter Cooper Village has stepped down from his position overseeing the massive rental complex on the East Side of Manhattan, according to Town & Village. Sean Sullivan worked at the complex, which continues to grab headlines for the squabbles between tenants and management, for just over a year.
Sullivan, an alum of Tishman Speyer and AvalonBay Communities, told The Real Deal that he was leaving the post to “pursue other interests.” He declined to comment further.
A spokesperson for CWCapital Asset Management, which controls the complex, praised Sullivan in a statement sent to Town & Village.
“As our residents know, Sean led our community through the devastation of Hurricane Sandy and ensured our community was back up and running as quickly and safely as possible,” the statement said. “CompassRock and the [Stuy Town] community are grateful for Sean’s contribution to this property, and we wish him well as he embarks on his next challenge.”
Earlier this week, roughly 2,000 tenants at the 11,000-unit complex were spared mid-lease rent hikes as part of an agreement between ownership and New York Attorney General Eric Schneiderman. The problems stemmed from leasing agents misinforming tenants that they would not get a rent hike.
Said rent hikes come as part of the class action between Stuy Town tenants and the former owners, Tishman Speyer and MetLife. The increases were meant to take effect this month, but ended up being delayed until July, as The Real Deal reported. [Town & Village] –Zachary Kussin
Correction: A previously published version of this post said that Sullivan was fired as general manager, quoting reporting from Town & Village. In fact, he stepped down.