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2010 Rockefeller Center Christmas Tree Lighting
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Jerry Speyer David Rockefeller Award Luncheon Honoring Eli Broad
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David Rockefeller Award Luncheon Honoring Eli Broad
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Jerry Speyer MoMA?s 40th Annual Party In The Garden
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MoMA?s 40th Annual Party In The Garden
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M.I.A., Claire Danes, Mike Nichols, Benjamin Brewer, Diane Sawyer 
Jerry Speyer "Jeff Koons On The Roof" Cocktail Reception At The MET
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"Jeff Koons On The Roof" Cocktail Reception At The MET
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Stuyvesant Town Judge Holds MetLife On Retroactive Hook For Wrongly Deregulated Rent

By multifamily on | From multifamilyinvestor.com
Blog August 8, 2010 by Neil · Leave a Comment   New York State’s highest court sounded the financial death knell against Tishman Speyer last year in its ownership of Stuyvesant Town / Peter Cooper Village . The Court of Appeals had ruled that multifamily owners whose buildings received the benefit from the J-51 tax abatement program were prohibited from removing those units from rent regulation . This decision brought several thousand units back into rent regulation. It also...Read Full Story

Who’s Praying For New York City Apartment Building Walls?

By multifamily on | From multifamilyinvestor.com
Blog July 21, 2010 by Neil · Leave a Comment   Hello there! If you are new here, you might want to subscribe to the RSS feed for updates on this topic. Powered by WP Greet Box WordPress Plugin Thousands of New York multifamily tenants are being told that the walls that have been put up over the years without approval from the Department of Buildings must come down. New renters are being informed that if they wish to divide a space, they will need to rely on bookshelves or partial...Read Full Story

NYC Stuyvesant Town complex misses payment

| From reuters.com
NEW YORK (Reuters) - The joint venture led by Tishman Speyer and BlackRock that owns New York's vast Stuyvesant Town/Peter Cooper Village apartment complex on Friday said it missed a loan payment, putting it in a much-anticipated default. Credit agencies had warned that the joint venture, which has seen the complex's value collapse by more than half since buying it for $5.4 billion in 2006, would likely default as it burned through reserves during a court battle over whether it could...Read Full Story

Stuyvesant Town woes may pave way for loan changes

| From reuters.com
NEW YORK (Reuters) - The joint venture that borrowed heavily to buy Stuyvesant Town and Peter Cooper Village in 2006 could be among the first to take advantage of changes in U.S. tax law that let borrowers seek payment relief, when it said last week that it could not keep paying interest on a $3 billion loan. On Friday, the $3 billion senior mortgage was transferred to the special servicer CWCapital after the borrower -- real estate private equity firm Tishman Speyer and BlackRock Realty...Read Full Story

Stuyvesant Town woes may pave way for loan changes

| From reuters.com
NEW YORK (Reuters) - The joint venture that borrowed heavily to buy Stuyvesant Town and Peter Cooper Village in 2006 could be among the first to take advantage of changes in U.S. tax law that let borrowers seek payment relief, when it said last week that it could not keep paying interest on a $3 billion loan. On Friday, the $3 billion senior mortgage was transferred to the special servicer CWCapital after the borrower -- real estate private equity firm Tishman Speyer and BlackRock Realty...Read Full Story
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News
Tishman Speyer Makes New Investments in Paris and Frankfurt
“Both of these transactions are consistent with our company-wide portfolio strategy,” commented Tishman Speyer Co-CEOs Jerry Speyer and Rob Speyer ... and asset managers of first class real estate worldwide. Active across North America, Europe ...  
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U.S. firms encounter new obstacles developing in China
From left: Tishman Speyer CEO Jerry Speyer, Hines Interests Chairman Gerald Hines and Simon Property Group CEO David SimonAs commercial construction remains stagnant in America, several high-profile American developers have turned to China for new projects, including several with notable ties to New York. But for all the obstacles these developers are accustomed to encountering in the city, according to the New York Times there are even more...  
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