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01.26.10 Bucky Turco

A tipster sent us the letter that deadbeat realtor Tishman Speyer delivered to Stuy Town and Peter Cooper Village residents in light of its inabilities to manage the massive property and writes: […]

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01.25.10 Bucky Turco

It was only a matter of time before this would happen: “The owners of Stuyvesant Town and Peter Cooper Village…have decided to turn over the properties to creditors.” Even after using lots of underhanded methods to remove tenants from the Orwellian complex, renovate and charge outrageous rents, Tishman Speyer was still unable to cover the […]

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10.26.09 Bucky Turco

Karma continues to get the best of Tishman Speyer’s greedy Stuy Town-Peter Cooper Village real estate deal and the firm “is now just two to three months away from a likely default on the $3 billion mortgage it used, along with a $1.4 billion secondary loan, to buy the property.” |AP| […]

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09.10.09 Bucky Turco

Aw, poor Tishman Speyer. After wasting a lot of money on shrubs and legal fees to push people out of their apartments in Stuy Town and Peter Cooper Village, the real estate monolith is in danger of defaulting on debt payments and income from rent is down “25 percent from its peak.” |NYT| […]

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