Blackstone Loses Rent Dispute at Manhattan’s Biggest Apartment Complex
The ruling was the latest development in the turbulent history of Stuyvesant Town-Peter Cooper Village, the setting of many of New York City’s most high-profile housing battles.
The ruling was the latest development in the turbulent history of Stuyvesant Town-Peter Cooper Village, the setting of many of New York City’s most high-profile housing battles.
Affordable housing has become harder and harder to find. Could corporate speculators be the culprit?
While navigating the industry’s ups and downs, Chris Randolph of South Street Partners says his firm has learned that “you can’t rinse and repeat.”
The private equity firm said it would acquire Preferred Apartment Communities, a real estate investment trust, for $6 billion as it seeks a hedge against inflation.
Silicon Valley techies and Wall Street titans have bought homes and moved businesses there in the pandemic, coaxed by an eager mayor.
Residents of weekly rentals worry they will be kicked out if they can’t pay the rent. It’s unclear if the federal moratorium on evictions applies to them.