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Stuyvesant Town

Stuyvesant Town, large brick buildings that run from 14th to 20th Streets, from First Avenue to Avenue C, are a mess of functional residences that were originally built in 1943 to house returning veterans of the Second World War and their families. They have gone on to house middle-income New Yorkers in 8,757 apartments. Stuyvesant Town and its sibling Peter Cooper comprise eighty acres that house more than 25,000 residents--and were sold on October 18, 2006 to Tishman Speyer for $5.4 billion dollars. New Yorkers are aghast that one of the last bastions of affordable housing will soon be converted to yet more luxury rentals. One might read a brief history of Stuyvesant Town on Wikipedia and note that in its creation in 1943, the project displaced 11,000 residents along with their business, schools and churches.

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Last Update: Friday Oct 31 2014