UPDATE: Following Town & Village’s Wednesday afternoon press time, the de Blasio administration has discussed options being explored in the effort to keep Stuyvesant Town affordable with the press.
Following weeks of silence regarding a reported $4.7 billion bid being prepared by Fortress, CWCapital made a decision to take ownership of Stuyvesant Town/Peter Cooper Village itself. This was a defensive move, and it remains to be seen how long this arrangement will last. (The company did not respond to a request for comment on that one.)
Council Member Dan Garodnick said last week he’s seeing this as an opportunity for tenants to buy some time to consider the next moves, but so far CW hasn’t even given a hint as to whether a tenant-led bid is something that will ever be considered. Also mum is the mayor who, while still a candidate, crowed at Stuy Town that “over my dead body will this place be privatized.”
The de Blasio administration has since ignored multiple requests by T&V on what the mayor’s thoughts are on the now-canceled foreclosure sale as well as the Tenants Association’s plan to rally on Friday, the 13th of June, over concerns about the future. While Garodnick has said he’s gotten the sense the mayor’s office is trying to be helpful to tenants, considering de Blasio’s declarations on the campaign trail, there really shouldn’t be any question as to whether or not he should get involved in the fight for continued affordability in the complex. Lip service isn’t enough and yet right now there isn’t even any of that. The silence is deafening.