Friday, 6 September 2019

After authorities vowed review of Stuy Town deal, Blackstone changes course on vacancies

Blackstone Group is now renovating and leasing all vacant units at Stuyvesant Town-Peter Cooper Village, according to a spokesperson for the firm. The statement comes a week after authorities indicated they would review the landlord’s deal for the sprawling housing complex in light of revelations that the firm was keeping 20 to 50 rent-regulated apartments vacant. According to a source close to the firm’s thinking, Blackstone is in compliance with its regulatory agreement with the […]



source https://therealdeal.com/2019/09/06/after-authorities-vowed-review-of-stuy-town-deal-blackstone-changes-course-on-vacancies/

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