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Blackstone Nears Deal to Buy NYC’s Stuyvesant Town for $5.3 Billion
Blackstone Group LP reached an agreement to buy New York’s Stuyvesant Town-Peter Cooper Village, a deal that would put Manhattan’s biggest apartment complex in the hands of the world’s largest private equity firm and maintain some affordable housing at the property. Blackstone, working with Canadian investor Ivanhoe Cambridge Inc., will…
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