More on Sale of Stuyvesant Town and Peter Cooper Village
Maloney Calls for the Preservation of Affordable Housing in New York City
New York, NY - At a rally held today by NewYorkisOurHome.org in Stuyvesant Town to demand for the preservation of affordable housing in New York City, Congresswoman Carolyn B. Maloney (D Manhattan, Queens) released the following statement:
Rep. Maloney Reacts to Sale of Stuyvesant Town/Peter Cooper Village
NEW YORK, NY – Today, Congresswoman Carolyn B. Maloney (D-Manhattan, Queens) reacted to the $5.4 billion sale of Stuyvesant Town and Peter Cooper Village to a joint venture of Tishman Speyer and BlackRock Realty. Residents of Stuy Town and Peter Cooper, which are located in Maloney’s district, have urged potential purchasers to preserve the complexes’ stock of affordable housing.
Fifteen Members of Congress Write to MetLife, Outline Ways Stuy Town, PCV Could Remain Affordable After Sale
NEW YORK, NY – Last Friday, Congresswoman Carolyn B. Maloney (NY-14), Congressman Barney Frank (MA-4), the Senior Democrat on the House Financial Services Committee, Congresswoman Maxine Waters (CA-35), Senior Democrat on the Subcommittee on Housing and Community Opportunity, and twelve other Democratic members of the New York delegation wrote to MetLife CEO C. Robert Henrikson to discuss steps that MetLife should take to avoid a major loss of affordable housing following the sale of the Stuyvesant Town and Peter Cooper Village housing developments. Residents of the complexes, which are located in Maloney’s district, are concerned that potential purchasers are likely to try to force out existing tenants and convert once-affordable apartments into luxury housing.
Maloney Urges MetLife to Stay in Western Queens
LONG ISLAND CITY, NY – Congresswoman Carolyn B. Maloney (D-Queens, Manhattan) reacted with concern to the news that MetLife is moving employees from Long Island City to Manhattan. “Although Long Island City is a growing and vibrant area for commercial tenants, MetLife’s decision to move many of its employees to Manhattan sends a troubling message,” said Maloney. “I hope that MetLife will recognize that Western Queens is an exciting area that offers low rents, great views, convenient mass transportation and a wealth of opportunities, and will consider keeping a significant presence in this area.”
Rep. Maloney Requests Meeting with MetLife CEO
New York, NY – On Friday, Congresswoman Carolyn B. Maloney (D-Manhattan, Queens) requested a meeting with MetLife CEO C. Robert Henrikson to discuss the impending sale of the Stuyvesant Town and Peter Cooper Village housing developments. Residents of the complexes, which are located in Maloney’s district, are concerned that purchasers are likely to try to force out existing tenants. In a letter dated September 15, 2006 (text), Maloney expressed her desire to talk with Henrikson about ways “to enable MetLife to achieve its ends while still maintaining affordable housing and a stable community at Stuy Town and Peter Cooper.”
Rep. Maloney Calls for Hearings on Sale of Stuyvesant Town and Peter Cooper Village and Loss of Urban Low-Income Housing
WASHINGTON, DC – The imminent sale of apartment homes at Stuyvesant Town and Peter Cooper Village has spurred Rep. Carolyn Maloney (D-Manhattan and Queens) to call for Congressional hearings to look into the sale and the loss of affordable housing (request for hearings). Maloney has requested that the Financial Services Subcommittee on Housing and Community Opportunity hold the hearing before the 109th Congress adjourns this year. Joining Maloney in the request for hearings is Rep. Maxine Waters (D-CA), ranking member of the Subcommittee on Housing and Community Opportunity, and Rep. Barney Frank (D-MA), Senior Democrat on the Financial Services Commitee.
