Could Stuyvesant Town be broken up and sold off in tiny little rent-stabilized pieces? In a foreclosure filing, the special servicer representing the property's senior debt holders requested "that the property be offered for sale as separate parcels and collectively as one parcel and that the property be sold to the bidders with the highest and best offers," Crain's reports. If the complex get sold in chunks to various developers, may we suggest an annual Stuy Town Olympics to decide building supremacy? [Crain's]
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