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Wednesday, October 14, 2009
Stuyvesant Town/Peter Cooper Village "Teeters"
According to the Wall Street Journal, it appears that a "special servicer" will be dealing with the debt over ST/PVC soon, no matter if Tishman Speyer wins the J-51 court case. Tishman Speyer's problems, which are mostly the problems of the suckers who invested at TS' urgings, are detailed in the article linked below:
Wall Street Journal