Statement by State Senator Brad Hoylman on Announced Purchase of Stuyvesant Town-Peter Cooper Village by Blackstone

"I'm grateful to Mayor de Blasio for making affordability at Stuyvesant Town-Peter Cooper Village a priority of his administration. I'm hopeful that the stated terms of this deal, which crucially has the support of ST-PCV Tenants Association, will preserve middle class housing at this storied complex for the current and next generation of New Yorkers."

For more information regarding the agreement, please see New York City Councilmember Daniel Garodnick's Q&A here.