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Ackman loses appeal on New York's Stuyvesant Town

NEW YORK (Reuters) - A state appeals court ruled against hedge fund manager William Ackman on Tuesday, paving the way for bondholders to sell the massive Manhattan apartment complexes Stuyvesant Town and Peter Cooper Village in a foreclosure auction next week.The New ...

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Pershing Square woos Manhattan Stuytown tenants

NEW YORK (Reuters) - Manhattan tenants who live in Stuyvesant Town/Peter Cooper Village could choose to partner with a Pershing Square Capital Management venture in a deal for the vast apartment complex, unless a judge blocks the maneuver.Under the proposal from ...

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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 ...

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Huge NYC apartment complex misses loan payment

NEW YORK (Reuters) - The joint venture led by Tishman Speyer and BlackRock Inc that owns New York City's vast Stuyvesant Town/Peter Cooper Village apartment complex on Friday said it missed making its full loan payment, moving the deal one step ...

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