Stuyvesant Town is always clean and the neighbors are extremely friendly. It isn't too loud and the view from the apartment is phenomenal. I love Stuyvesant Town! It is incredibly safe, and right in the heart of NYC, there are many transportation options (bus and train).
What is the difference between StuyTown and Peter Cooper Village?
The buildings south of 20th Street are typically called StuyTown. Here you will find smaller apartments initially intended for soldiers. The buildings above 20th Street are often referred to as Peter Cooper Village.4 במרץ 2021
Is StuyTown the projects?
In October 2006, MetLife sold StuyTown to Tishman Speyer. The new ownership implemented significant capital projects on the property. Today, the property is controlled by Blackstone/Ivanhoe Cambridge, which uses StuyTown Property Services as StuyTown's property manager. StuyTown is now home to over 30,000 residents.12 בינו׳ 2019
Is StuyTown rent stabilized?
All Units in the Complex Are Currently Rent Stabilized. Because Stuyvesant Town-Peter Cooper Village was built in the mid-1940s, all of its units were included in the state's rent-stabilization system when the Emergency Tenant Protection Act took effect in 1974.
Can you buy StuyTown apartments?
Apartments in Stuyvesant Town are larger than the average Manhattan apartment of the same price. For those who do not meet income restrictions, there will always be Stuyvesant Town condos for sale at more affordable prices than the rest of Manhattan.
Is StuyTown a good place to live?
Stuyvesant Town is in New York County and is one of the best places to live in New York. Living in Stuyvesant Town offers residents a dense urban feel and most residents rent their homes. Many young professionals and retirees live in Stuyvesant Town and residents tend to be liberal.
Is StuyTown safe?
Stuyvesant Town has a below average violent crime rate and an average property crime rate for New York City.
Was StuyTown the projects?
Construction of StuyTown took place between 1945-1947. In October 2006, MetLife sold StuyTown to Tishman Speyer. The new ownership implemented significant capital projects on the property. Tishman Speyer relinquished control of the property in 2010.12 בינו׳ 2019
Is StuyTown private?
Stuyvesant Town–Peter Cooper Village, sometimes shortened to StuyTown, is a large post-World War II private residential development on the east side of the New York City borough of Manhattan.
Who owns StuyTown?
In October 2006, MetLife sold StuyTown to Tishman Speyer. The new ownership implemented significant capital projects on the property. Tishman Speyer relinquished control of the property in 2010.
Is StuyTown a good area?
Stuyvesant Town is in New York County and is one of the best places to live in New York. Living in Stuyvesant Town offers residents a dense urban feel and most residents rent their homes. In Stuyvesant Town there are a lot of bars, restaurants, coffee shops, and parks.
Does Blackstone own StuyTown?
When Blackstone and Ivanhoé Cambridge bought Stuy Town for $5.3 billion in 2015, they reached a deal with the city that would allow them to deregulate and raise rents on 6,200 rent-regulated units beginning in July 2020.5 במרץ 2020
How much did StuyTown sell for?
The complex has been sold multiple times, most recently in 2015 when it was sold to Ivanhoé Cambridge and Blackstone for $5.45 billion. Stuyvesant Town–Peter Cooper Village is part of Manhattan Community District 6, and its primary ZIP Codes are 10009 and 10010.
When did Blackstone buy StuyTown?
But the private equity firm has another key investment option at its disposal. While the interest-free loan saved Blackstone a few hundred million dollars, the most lucrative part of its 2015 deal with the city may be Stuy Town's air rights — which the landlord has the city's permission to sell.1 באוק׳ 2019
How much was StuyTown bought?
Tishman Speyer bought the complex for $5.4 billion — then the highest price ever paid for a U.S. residential property — two years before the financial crisis and was banking on rapidly deregulating and upgrading apartments to appeal to a ritzier tenant base.1 באוק׳ 2019