Tag : stuy town

Deals & Dealmakers

Lottery underway for affordable Stuyvesant Town apartments

REW
by REW1871
The city launched a lottery for 5,000 affordable apartments in Stuyvesant Town and Peter Cooper Village yesterday (Tuesday). The units will be leased at rents ranging from $1,500 to $3,200 for a two bedroom, depending on income, as part of the cityʼs deal to sell the 11,000-unit East Side apartment...
Stuy Town air rights deal a key piece of housing puzzle
Deals & DealmakersFeatured

Stuy Town air rights deal a key piece of housing puzzle

REW
by REW1435
By Sabina Mollot Blackstone’s $5.3 billion purchase of the sprawling Stuy Town apartment complex also bought the firm a jumbo 700,000 s/f of air rights that could wind up being “just the tip of the iceberg” in Mayor Bill de Blasio’s plan to preserve and build affordable housing in the...