Wilbur Ross: LeFrak Is Ideal for Stuy Town, Trump is “Not Interested”

It might not be a political office, but there’s still campaigning under way to run New York’s sprawling Stuyvesant Town and Peter Cooper Village apartment complex. Tuesday, billionaire investor Wilbur Ross said on CNBC that the LeFrak Organization Inc., a Big Apple residential powerhouse, “is the ideal solution” for the 11,000-unit development. As we’ve detailed, the project was recently thrown into chaos after a group led by owner Tishman Speyer Properties dumped it on its creditors.

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3d rendering of a row of luxury townhouses along a street

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