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The Battle for Stuy Town and Peter Cooper Village |
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NEW YORK VOICES takes a look at the largest real estate deal in New York City history. The insurance company MetLife recently sold Stuyvesant Town and Peter Cooper Village for $5.4 billion, after owning the rental complex for nearly 60 years. There was stiff resistance to the sale by many New Yorkers who feared that it would deal a crushing blow to middle-class housing in Manhattan.
Historian Barry Lewis explains how the 80-acre housing development was created, and long time residents talk about their fear that the community will change now that MetLife has sold their homes.
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| A Neighborhood for Sale: The Battle for Stuy Town and Peter Cooper Village. |  |    |  |
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