Entries from Gothamist tagged with 'metlife'
March 16, 2008
Pet-owning tenants of eight buildings in the Bronx are distressed over letters recently sent out by the South Bronx Management Company, who took over the buildings that were once owned by the city. The letters point out that leases prevent the keeping of pets in the building and threaten that if tenants don't get rid of their animals, they will be evicted. This sounds like a case for the pet lawyers! Indeed, many tenants have......
Continue Reading "Landlord to Tenants: It's Fido or You Go"December 21, 2007
A reader who works across the street from Grand Central wrote in saying "I just went downstairs and saw cops, fire, ConEd, and people said a transformer blew up in the station." It appears Grand Central is fine, however the Met Life Building is on fire! From BNN:FIRE ON THE 10TH FLOOR OF A METLIFE BLDG.| FIRE ON 10TH FLR TRANSORMER VOLT ROOM OF A 59 STY BRICK BLDG WIRES BURNING ON THE ROOF......
Continue Reading "BREAKING: Fire at Met Life Building "July 14, 2007
In an effort to cut power consumption and adopt a more green profile, some New York City office towers are making use of a somewhat archaic air conditioning system: blowing air over giant blocks of ice. WNBC reports that financial firm Credit Suisse is using such a system to cool its offices in the Met Life tower off Madison Square. The basement of the building houses three main cooling rooms with "chilling machines and......
Continue Reading "New York Office Buildings on Ice"November 15, 2006
Bwahaha! Crain's New York reports that the monster $5.4 billion deal Met Life made to sell Stuyvesant Town-Peter Cooper Village to Tishman Speyer could be derailed by a "little-known provision." Apparently the provision says MetLife cannot make more than a 6% annual profit on the complex! From Crain's: Trautman Sanders, a law firm representing the tenant group that lost its bid to purchase the complex, discovered the condition in a 1942 agreement with New......
Continue Reading "$5.4 Billion StuyTown Deal in Jeopardy?"September 26, 2006
Yesterday, the City Coucil held a hearing to discuss the sale of Stuyvesant Town-Peter Cooper Village. And while tenants of the complex were there, Met-Life, who hopes to sell the parcel of land and buildings for $5 billion, was not. Metro reported that Met-Life's chairman sent a statement:We are deeply concerned that some members of the City Council and other public officials view our decision to review our strategic options with regard to our......
Continue Reading "Stuyvesant Town-Peter Cooper Village's Environmental Issues"August 30, 2006
After many stories about Stuyvesant Town and Peter Cooper Village rents getting crazy expensive and apartments being marketed as "luxury residences," it's official: Met Life is wants to sell the 110 building complex for $5 billion. The NY Times has the bombshell, and many issues are raised, including who will buy it (a team of developers? Dubai money? banks?), a new owner will probably want to make it a "luxury enclave," and where will......
Continue Reading "MetLife Wants $5 Billion for Stuyvesant Town and Peter Cooper Village"July 19, 2006
Hmm, Met Life is thinking about selling Stuyvesant Town and Peter Cooper Village. Maybe it's logical that the complex, which has been trying to upsell their renovated apartments to tenants with bigger bank accounts, would be on the block, because there's only so much Met-Life can probably take from tenants of both the rent-stabilized and market rate kind. And we expect tenants to go nuts if the building is sold - we wonder how lease......
Continue Reading "Stuy Town and Peter Cooper Village May be Sold!"April 1, 2006
Remember kids, before you head out partying or go to sleep tonight try to remember to set your clocks forward one hour. Better to get it done with sooner rather then later. And in the meantime, you can learn some more about the history of DST here. And if you are dreading losing that extra hour of sleep, remember it could be worse. You could live in Indiana and be losing that hour for......
Continue Reading "Gothamist PSA: Daylight Savings Starts at 2 A.M."March 30, 2005
A judge ruled that Met Life can start moving towards a photo ID system for residents at Peter Cooper Village, BUT residents won't be barred from the building if they don't have a photo ID. Huh? This is like King Solomon cutting the baby in half, because Gothamist can just imagine some serious clashes between tenants without IDs and the management. This judge's order will stand until April 14, when the entire case is more......
Continue Reading "Judge Sorta Splits Photo ID Key Decision"
