Freddie Mac and Fannie Mae weren't messing around when they said they would not finance a sale of Stuy Town that wasn't acceptable to tenants and local officials. The mortgage giants have been telling buyers interested in acquiring the 80-acre complex that details about how to keep the complex affordable must be worked out first. Councilman Daniel Gardonick says the move has already "cut off the oxygen to another predatory deal." [Crain's; previously]
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