The tables have turned, and now it's hedge fund titan Bill Ackman who will be seeking a court order to block a foreclosure auction of Stuyvesant Town, after his own attempt to foreclose was denied by a judge yesterday. If his appeal is unsuccessful, CW Capital?representing the owners of the $3 billion senior Stuy Town loan?will finally take full control of the complex at the October auction, and then Jonathan Miller & Sons can get this co-op show on the road. [City Room]
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