One of the money quotes:
"Several parties have made a play for Stuyvesant Town in the past five years, including Brookfield Asset Management Inc., which worked with tenants on a proposal
that included converting apartments into condominiums. Brookfield is no
longer pursuing a bid, according to Andrew Willis, a spokesman for the
Meanwhile, our man Dan makes his usual statement on these matters when they arise:
“The tenants are going to insist that the owners work directly with them
and with the city to develop a responsible plan to protect the
long-term affordability of the place.”
And sorry, but Dan's statement has zero bite. Anyone who buys this place knows that and certainly knows how much of a hit affordable housing has already permanently taken and how, almost by choice, pathetically powerless is our TA...and Dan.
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