“Since the initial sale of Stuyvesant Town and Peter Cooper Village nearly four years ago, the City Council has been working to ensure that the rights of tenants are being protected. Today’s news that Tishman Speyer will miss a loan payment has raised concerns among many residents about the future of their homes. We remain committed to protecting affordability, and we will continue to closely monitor the legal proceedings to prevent any negative effect on residents.”
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Recent Press Releases
- Statement from New York City Council on Its Appeal of Latest Ruling on Municipal Voting Law – Local Law 11 of 2022 March 25, 2024
- New York City Council Releases 2024 State Budget Priorities in Final Push Ahead of April 1 Deadline March 25, 2024
- New York City Council Votes to Declare Continuing Housing Emergency to Maintain Rent Stabilization Laws March 19, 2024
- Joint Statement from Speaker Adrienne Adams and Deputy Speaker Diana Ayala on the Settlement to Preserve Right to Shelter Protections March 15, 2024
- Speaker Adams Outlines Vision to “Move Forward Together” with Focus on Ensuring City Remains Home to Working- and Middle-Class Families and City Government is Strengthened to Meet Needs of All New Yorkers March 13, 2024