Comptroller William C. Thompson, Jr. made the following statement today regarding the announced sale of Stuyvesant Town and Peter Cooper Village to Tishman Speyer Properties and BlackRock Realty:

“I am deeply disappointed that Metropolitan Life rushed to sign a deal without giving serious consideration to the offer submitted by the residents of Stuyvesant Town and Peter Cooper Village. I am heartened that Tishman Speyer has a credible reputation and longstanding commitment to New York City, and I will endeavor to ensure that the new owners commit to preserving the development’s affordable housing, not just for the immediate future, but for many years to come.” 

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