Minor alterations sometimes take decades to complete. Here’s why

The year 2000 was big one for Stuyvesant Town. MetLife, the original developers of the massive apartment complex, became a publicly traded company in April that year. By the fall, big changes were in the works – a whopping 58 alteration permits were filed for “replacement of wet walls” throughout the development, covering nearly every building in Stuyvesant Town proper and adjacent Peter Cooper Village. Since then, Stuy-Town has been sold and defaulted on, surrounded […]

source https://therealdeal.com/2018/07/18/minor-alterations-sometimes-take-decades-to-complete-heres-why/#new_tab

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