SPEAKER QUINN ISSUES STATEMENT REGARDING SALE OF STUYVESANT TOWN, PETER COOPER VILLAGE

US Fed News Service, Including US State News | October 17, 2006 | Copyright

The New York City Council issued the following statement:

I commend the tenants of Stuyvesant Town and Peter Cooper Village, and Council Member Dan Garodnick, for working so hard to keep their homes, and to preserve their American dream. While I am disappointed that they did not prevail in their bid to purchase these properties from Met Life, I applaud tenants for changing the discussion around the sale of this property to one that forced all bidders to address the need for preserving affordability.

I spoke to Tishman Speyer earlier today and requested a meeting to hear about their plans for ...

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