Wednesday, October 18, 2006

That'll buy a shitload of Puppy Chow.

Damn skippy It Pays. Yesterday, in what was apparently the largest real esatate deal in history, MetLife sold the 80+ acres of Stuyvesant Town-Peter Cooper Village for 5.4 billion fucking dollars, potentially jeopardizing the future "financial security" of about 25,000 New Yorkers. Negotiations for MetLife were shrewdly handled by in-house lawyer Lucy van Pelt.

previously:
1. A $36.13 billion smile.
2. Meet John Dowd. Banker. Founding Father.

4 Comments:

Blogger Matt Brand said...

ha ha. her last name is "Pelt".

10:20 AM  
Anonymous Anonymous said...

How does a change of landlord/managment jeopardize 25,000 tenants/owners financial future? If anything, it will raise the value of their apartments.

5:08 PM  
Blogger ninaberries said...

ricpic, you don't live in manhattan, do you?

5:53 PM  
Anonymous Anonymous said...

I don't have to live in Manhattan to know that these tenants, short of setting fire to their building, have an iron grip on their rent stabilized apartments (thanks to decades of Democrat monopoly governance).

9:25 PM  

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