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Blackstone group

The statement comes shortly after Mayor de Blasio said city officials were planning to have "some serious conversations" with Blackstone over an agreement it signed four years ago with the city to keep roughly half of the apartments at the sprawling complex affordable.
The city’s housing preservation and development agency last week said it was 'conducting a thorough review' of a 2015 deal that provided Stuy Town's owner with $220 million in subsidies in exchange for keeping 5,000 of the roughly 11,200 units affordable.
"The Chinese have money to spend and the inclination to do so."
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