Category Archives: Featured News

NY Post: New Appraisal Opens Door to StuyTown Sale

NY Post reports an independent appraiser for CW Capital has valued the property at $3.2 billlion

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Roberts case settled for $68.7million

Tentative settlement reached in historic Roberts case pending final court approval in April 2013

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TA to CW Capital: Time for You to Move On

TA to communicate directly with bondholders who own debt on ST/PCV and other interested parties, after months of stalling and delays from CW Capital

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Conversion Q&A: Meredith Kane of Paul, Weiss, Rifkind, Wharton & Garrison LLP

Meredith Kane, partner in the Real Estate Department at Paul, Weiss, Rifkind, Wharton & Garrison LLP and advisor to the ST-PCV Tenants Association, shares her expertise in a recap of some of the questions asked most often about the conversion effort over the past months.

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Neighbors gather throughout ST-PCV to discuss conversion

In recent months residents have opened their homes and gathered with neighbors to discuss the conversion plan with TA representatives

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Best hope for Stuy Town lies with its tenants

Independent JP Morgan report concludes that Tenants Association/Brookfield partnership is sound choice for the future of ST-PCV

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Resources to learn more about the conversion process

The New York State Attorney General provides a helpful guide for tenants interested in learning more about the conversion process in New York

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Status update on the condo conversion plan

Efforts continue for residents of ST-PCV to take control of their future through a tenant-led condo conversion

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Guarding against unexpected costs begins with building condition assessments

The TA discusses the elements of a complex wide structural survey and establishing reserve funds for capital improvements

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How will quality of life issues be handled post conversion?

The TA discusses how conversion will impact residents’ ability to address quality of life concerns

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