Councilman Dan Garodnick on Tishman-Speyer's strategic foreclosure of Stuyvesant-Town & Peter Cooper
It is good to elect, in this case, a councilman that has a completely different outlook on the same problem.
To this blogdiva and Eyore stan, the strategic foreclosure of Stuyvesant-Town & Peter Cooper is a sign of the coming affordable housing apocalypse. Yesterday on a quick conversation with Garodnick and his staff, I got a completely different outlook.
First, Garodnick doesn't forsee any transitional problems between the period Tishman-Speyer leaves management of the properties and the coming of a new team. "We're going to work for a seamless transition".
He also said he looked forward to working with CW Capital to make sure their goals and needs are met while maintaining affordability and stability for the residents. The opportunity, Garodnick stressed throughout out conversation, is in the possibility of tenants having a seat at the table during the transitional period an any future negotiations.
So there you have it.
There's no reason for me or anybody here at Stuyvesant-Town or Peter Cooper Village to panic ... yet.