Blackstone Said to Pay $5.3B for Stuyvesant Town

4,235 views · Published 21 October 2015 · 3:36 · Indexed 26 September 2026

Channel: Bloomberg Originals · 2015 · News & Politics

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Oct. 20 -- Blackstone Group LP reached an agreement to buy New York’s Stuyvesant Town-Peter Cooper Village, a deal that would put Manhattan’s biggest apartment complex in the hands of the world’s largest private equity firm and maintain some affordable housing at the property. Bloomberg's Sarah Mulholland reports on the New York City real estate market. She speaks on "Bloomberg Markets."

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