0 minute readManhattan’s Stuyvesant Town and Peter Cooper Village apartments, the city’s largest residential enclave, could be sold in two pieces under a foreclosure proposal by lenders. Bank of America Corp. and special loan servicer CW Capital Asset Management, acting on behalf of senior creditors, asked for court approval to offer the 80-acre property in either one or two pieces in a foreclosure auction, according to a filing yesterday in US District Court. “The highest and best offer will be determined,” representatives for the creditors said in the filing.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
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Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
