Consolidation in the chipmaking industry continued this week with two deals topping the $10 billion mark, as noted by sibling publication The Recorder, but it was a residential real estate deal with a history steeped in the global financial crisis that was a reunion of sorts for several Am Law 100 firms.
New York’s famed Stuyvesant Town-Peter Cooper Village—Manhattan’s largest apartment complex, with 11,232 units—is poised to be sold for $5.3 billion to buyout behemoth The Blackstone Group and Montreal-based investment giant Ivanhoé Cambridge in a deal that will reportedly protect about half of the development’s affordable housing units for 20 years.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
