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: The Home Equity Theft Reporter

Focus Shifts To Special Servicer As Overleveraged Landlord Of 11,000 Unit NYC Apartment Complex Readies To "Mail In The Keys"

By r morris

In New York City, Crain's New York Business reports:In the coming weeks, control of Stuyvesant Town/Peter Cooper Village will pass from one of New York's most glamorous and powerful real estate families to a company that most people have never heard of, a major player in an industry that few even know exists. [...] Stepping into the breach will be CW Capital, a special servicer. Such companies

Full post as published by The Home Equity Theft Reporter on February 03, 2010 (boomark / email).