Topic: Stuyvesant Town

Bill Ackman Blocked From Foreclosing on Stuy Town (New York Post) We're not exactly sure how it's even possible Ackman could take over Stuyvesant...
The last time the mammoth Stuyvesant Town and Peter Cooper Village complexes were sold, their tenants were largely ignored. Now, two lending groups...
William Ackman venture and mortgage holders at odds. . * Ackman eyes foreclosing on equity in property owner. A New York judge has blocked two sets ...

Court battle set over giant NYC housing complex

NEW YORK (Reuters) - The future of an 80-acre New York apartment complex will be at stake on Thursday as a judge considers whether a venture led by a prominent hedge fund investor may conduct a foreclosure auction.William Ackman's Pershing Square ...
Winthrop Realty Trust and Pershing Square Capital Management say they are sure they have the right to proceed with a foreclosure auction for the...

Stuy Town Financing, Made Lucid

For those who find themselves confused by the mess that the fight over Stuyvesant Town has become, with different layers of creditors warring in...

Iconic NYC housing complex's foreclosure halted

NEW YORK (Reuters) - A New York judge has put on hold a foreclosure auction for equity in Manhattan's giant Stuyvesant Town and Peter Cooper Village apartment complexes, a victory for senior lenders owed nearly $3.7 billion after the property's ...
Ackman Lays Out His Plan for Stuyvesant Town . Just a day after his inspiring 23-second speech further boosted his electoral hopes, South...

Ackman on path to own NYC's Stuyvesant Town

NEW YORK (Reuters) - Hedge fund investor William Ackman has bought a slice of debt on Stuyvesant Town Peter/Cooper Village and could become the next owner of the sprawling Manhattan apartment complexes.Ackman's Pershing Square Capital Management LP and Wi
NY judge orders foreclosure sale of middle-class Harlem housing complexA judge has ordered the foreclosure sale of the historic Riverton Houses, a middle-class Harlem apartment complex that plummeted in value amid the housing downturn.The decision by Stat