As More Landlords Stagger Under Debts, Thousands of Tenants Face Abandonment
The impending financial disaster at Stuyvesant Town has gotten plenty of ink, but it may only be the beginning of a nightmare for tenants citywide.
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Court Rules Against Stuyvesant Town Owners in Tenant Lawsuit
They were judged to have improperly deregulated rent-stabilized apartments.
READ MORE »WSJ: T Minus Four Months Until Stuyvesant Town Defaults
Sources tell the paper that, at maximum, the investment group headed by Tishman Speyer and BlackRock has until February before they run out of cash to service their debt on the massive property.
READ MORE »Is Stuyvesant Town Really a Glorified NYU Dorm?
The New York 'Press' tries to find out.
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I Really Don’t Think People Defecate in the Hallways of Stuyvesant Town
Though, I'll admit, I'm not above chuckling about it.
READ MORE »Tishman Speyer Loses Out in Stuy Town Lease Lawsuit
A judge ruled that they may owe tenant up to $200 million for illegally raising rent and deregulating apartments.
READ MORE »Stuy Town Troubles Deepen
The huge East Side housing complex's cash problem is leading to layoffs.
READ MORE »Oval Branding Takes Over Stuyvesant Town
But despite the sleekness, they ran out of bagels!
READ MORE »The New York Real-Estate Boom: R.I.P.
The ‘Times’ and the ‘Post’ both ran obituaries for the city real-estate bubble today.
READ MORE »Is Schnabel’s Palazzo Chupi in Crisis? Schay It Isn’t Scho!
Is Julian Schnabel's big, pink Palazzo Chupi in the West Village so sleepy that the doormen are giving tours to any old passerby? That and more blasphemous rumors from Sunnyside Gardens, Dumbo, and Park Slope in today's boroughs report.
READ MORE »Ikea Buses for All — Even Recovering Heroin Addicts!
Stuy Town laundry thieves are being surveilled, Carroll Gardens raccoon cheerleaders speak out, Ikea bus riders forego affordable design for methadone, and much more, in our 'Ruby Tuesday' boroughs roundup.
READ MORE »Someone Is Spending a Lot of Time Thinking About Stuyvesant Town
It's Freaky Friday! What better day for a crazy Caribbean lady in Forest Hills, a goat-slaughtering market in St. Albans, and a $200,000 game-show win for a guy from Westerleigh? (That's on Staten Island, people.)
READ MORE »The Maple-Syrup Smell Returns!
Crown Heights unites against a homeless center, Snug Harbor gets ready to rock, and more in our week's-end boroughs report.
READ MORE »Tishman Speyer Is on the Warpath
Also, Lehman Brothers weighs its options, and 15 CPW breaks the $100 million barrier.
READ MORE »Jonathan Franzen's Latest (Unsurprising) Target Is Michiko Kakutani
'Vanity Fair' fights back over the Miley Cyrus pictures, Stuyvesant Town has a square dance, and more, in our daily industry roundup.
READ MORE »Stuy Town Residents Finally Get to Have Puppies!
Cuddly, scrumptious puppies! The people who live there must be so happy! Or not: "We will now have sidewalks like the rest of the city with puddles of urine and smears of dog poop," grumbles one. All this and more in our daily roundup of neighborhood news.
READ MORE »Cobble Hill Is All Afflutter Over Alex McCord
Chelsea: Jack White stopped by the Chelsea Hotel the other day*, in full fur-coat regalia, to soak up some of Bob Dylan's residual energy from the place in order to prepare for his upcoming album with the rock hero. [Living With Legends] Cobble Hill: This neighborhood blog is all excited that Alex McCord is one of the crackpot stars of The Real Housewives of New York City. They've started an open-comments thread. But no one has an opinion yet. Chime in! [Cobble Hill Blog] Gowanus: A new south Brooklyn neighborhood coalition, which includes residents of Red Hook, Gowanus, and Carroll Gardens, is preparing to fight for your right to gentrify! Or, you know, stop gentrification. As the case may be. [Gowanus Lounge]
READ MORE »Charles Gasparino Is a Good Tipper
Job: CNBC's hunky on-air editor. Also, author of the recent bestseller, King of the Club: Richard Grasso and the Survival of the New York Stock Exchange.
Age: 40s. (How's that for a hedge?)
Neighborhood: Stuyvesant Town
Who's your favorite New Yorker, living or dead, real or fictional? My dad. The last man I knew to have such a distinct, New York accent that he used to pronounce the words toilet "terlet" and oil "earl"
What's the best meal you've eaten in New York? Spaghetti with cherry tomatoes at San Pietro. In one sentence, what do you actually do all day in your job? Scream at sources to get stories, scream at producers to put them on CNBC, and then scream at editors to get more time for stories that I'm writing. READ MORE »
Okay, Now Who Leaves a Kitten on a Rooftop?
Brooklyn Heights: Rumors are burbling that the hood's symphonically hyped "Subway Cyrano" saga — where a guy reconnected with his subway crush after searching for her via an online vid — is a Lonelygirl-type hoax. Wouldn't that be sad? [Brooklyn Heights Blog] East Village: Sure, two low-paid young'uns can share a $3,000 Stuy Town one-bedroom. If they bring along their $1,000 pressurized wall. [Hunt Grunt] Flatbush: Several cats have been abandoned on a rooftop! And they're scared and hungry! [Only the Blog Knows Brooklyn]
READ MORE »Council Members Finally Wonder, Hey, What's Up With the F Train?
Coney Island: City Councilmen Simcha Felder of Borough Park and Dominic Recchia of Coney Island get behind an F Express plan, demanding the MTA to explain its foot-dragging. [Second Avenue Sagas] Dumbo: There are only three days left to appreciate the Brooklyn Waterfront Artists Coalition’s outdoor art display at Empire-Fulton Ferry and Brooklyn Bridge Parks. It's actually quite nice – and you haven't done much appreciating lately. [DumboNYC] Staten Island: Prosecutors have charged a handyman in a string of break-ins on the North Shore, but stop short of saying they've ended the notorious North Shore Burglar's reign of terror. Man, Staten Island rules. [Staten Island Advance] Stuyvesant Town: Stuy Town's new ad campaign reads, "Live closer to Greenwich Village than Greenwich, CT." Mm. We didn't know Connecticut was so, um, dormy. [Stuyvesant Town] West Bronx: Max Roach, the legendary jazz drummer, will be buried on Friday at Woodlawn Cemetery, near the tombs of Miles Davis and Duke Ellington. [West Bronx News] West Village: The Jefferson Market Library on Sixth Avenue is finally going to get its makeover. Knowing you, you're just going to start complaining about the scaffolding. [Curbed]
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