This project is a joint effort of the Stuyvesant Town-Peter Cooper Village Tenants Association and Brookfield Asset Management.
This partnership will spend the coming months putting together and submitting a conversion proposal that will give residents the opportunity to buy their apartments at a reasonable price, while also allowing rent-stabilized tenants to continue renting without fear of harassment should they decide not to buy. In addition, our plan would:
- Preserve open space and protect our community from new development
- Improve maintenance and upkeep across Stuyvesant Town and Peter Cooper Village
- Explore avenues for public support with the ultimate goal of establishing a set of permanently affordable rental units for the next generation of tenants.
Watch the Tenants Association meeting – December 3, 2011.
Click here to watch the Tenants Association meeting from Saturday (12/3/2011). At the meeting, Tenants Association leaders, Councilman Dan Garodnick, Tenants Association advisers and a representative from Brookfield Asset Management spoke.
Find more details on the project in the documents below:
The TA answers questions about purchasing a different unit, family members’ rights to purchase, and unrenovated vs. renovated pricing
New York City Council Member and lifelong ST-PCV resident Dan Garodnick answers questions about how long term affordability will be structured into the plan and explains why the TA’s effort is important to the City of New York
In the second in a series of “Conversion Q&A” with TA Board members and their representatives, Steven Newmark, member of the ST-PCV TA Board of Directors, answers questions about how prices will be determined and the timeframe for a conversion.
In the first in a series of “Conversion Q&A” with TA Board members and their representatives, Tenants Association Executive Vice President Susan Steinberg answers questions such as “Why did the TA choose condo over co-op?”
The TA discusses how conversion will impact residents’ ability to address quality of life concerns
TA explains the connection between a conversion of ST-PCV and preserving affordable housing
TA shares helpful advice from attorneys for Roberts class plaintiffs on how to make sense of “legal” vs. “preferential” rents on lease renewal forms
The TA responds to one of the top questions about the plan to bid.
The TA clarifies what CW Capital does and how their role at ST-PCV impacts the conversion process.
The TA responds about whether factors like height, view and how long you have lived here impact pricing