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Stuypocalypse Averted?

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At Stuy Town, there's a battle raging between two forces that want control of the oft-troubled complex: Guterman Westwood Partners and another partnership of Brookfield Properties and the complex's tenants' association. A new report from JPMorgan Securities says the Brookfield-tenants partnership is the best choice for Stuy Town's debt holders. A partial condo conversion could bring in up to $4.4 billion, according to the report. [Crain's]