Blackstone halts improvement work on Stuy Town apartments following rent law changes

Jul 15, 2019 |

Via StuyTown Property Services As 6sqft reported last month, the state recently passed legislation containing landmark changes to rent regulations that were set to expire, significantly strengthening New York’s rent laws and tenant protections. Private-equity giant Blackstone Group, who purchased the massive 11,000+ unit Stuyvesant Town and Peter Cooper Village apartment complex for $5.5 billion in 2015, is among […more]

Posted in: New York

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