NYC's Stuyvesant Town development is denied $1.5B in TALF funds

12/30/2009 | New York Post ·

Stuyvesant Town/Peter Cooper Village in New York will not get $1.5 billion in TALF funding as Tishman Speyer and BlackRock, the beleaguered development's owners, had hoped. It was one of three requests turned down by the Federal Reserve Bank of New York, which approved the other 55 applications.

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