Saving Stuyvesant Town: How One Community Defeated the Worst Real Estate Deal in History

Awards:   Winner of An Amazon Editor's Pick for Best Non-Fiction Book of the Year (United States). Winner of An Amazon Editor's Pick for Best Non-Fiction Book of the Year 2020 (United States) Winner of An Amazon Editor’s Pick for Best Non-Fiction Book of the Year 2020 (United States)
Author:   Daniel R. Garodnick
Publisher:   Cornell University Press
ISBN:  

9781501754371


Pages:   384
Publication Date:   15 April 2021
Recommended Age:   From 18 years
Format:   Hardback
Availability:   In Print   Availability explained
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

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Saving Stuyvesant Town: How One Community Defeated the Worst Real Estate Deal in History


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Awards

  • Winner of An Amazon Editor's Pick for Best Non-Fiction Book of the Year (United States).
  • Winner of An Amazon Editor's Pick for Best Non-Fiction Book of the Year 2020 (United States)
  • Winner of An Amazon Editor’s Pick for Best Non-Fiction Book of the Year 2020 (United States)

Overview

From city streets to City Hall and to Midtown corporate offices, Saving Stuyvesant Town is the incredible true story of how one middle class community defeated the largest residential real estate deal in American history. Lifetime Stuy Town resident and former City Councilman Dan Garodnick recounts how his neighbors stood up to mammoth real estate interests and successfully fought to save their homes, delivering New York City's biggest-ever affordable housing preservation win. In 2006, Garodnick found himself engaged in an unexpected battle. Stuyvesant Town was built for World War II veterans by MetLife, in partnership with the City. Two generations removed, MetLife announced that it would sell Stuy Town to the highest bidder. Garodnick and his neighbors sprang into action. Battle lines formed with real estate titans like Tishman Speyer and BlackRock facing an organized coalition of residents, who made a competing bid to buy the property themselves. Tripped-up by an over-leveraged deal, the collapse of the American housing market, and a novel lawsuit brought by tenants, the real estate interests collapsed, and the tenants stood ready to take charge and shape the future of their community. The result was a once-in-a-generation win for tenants and an extraordinary outcome for middle-class New Yorkers. Garodnick's colorful and heartfelt account of this crucial moment in New York City history shows how creative problem solving, determination, and brute force politics can be marshalled for the public good. The nine-year struggle to save Stuyvesant Town by these residents is an inspiration to everyone who is committed to ensuring that New York remains a livable, affordable, and economically diverse city.

Full Product Details

Author:   Daniel R. Garodnick
Publisher:   Cornell University Press
Imprint:   Three Hills
Dimensions:   Width: 15.20cm , Height: 2.90cm , Length: 22.90cm
Weight:   0.907kg
ISBN:  

9781501754371


ISBN 10:   1501754378
Pages:   384
Publication Date:   15 April 2021
Recommended Age:   From 18 years
Audience:   General/trade ,  General
Format:   Hardback
Publisher's Status:   Active
Availability:   In Print   Availability explained
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

Table of Contents

"Prologue: Middle Class on the Brink 1. Activism from the Start 2. Time for a Tenants Association 3. An Unexpected Challenge 4. Making a Bid 5. Regrouping after the Loss 6. Pushing Back against a New Owner 7. Preparing for an Uncertain Future 8. Suddenly the ""Prettiest Girl at the Dance"" 9. Finding a Partner 10. Challenged from the Outside 11. Under Water, Actual Water 12. A New Start 13. The Mayor Comes Over for Cannoli 14. Closing the Deal Epilogue: Loopholes Closed"

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Author Information

Daniel R. Garodnick is the former New York City Council Member representing the East Side of Manhattan. He now serves as President & CEO of Riverside Park Conservancy. Follow him on X @dangarodnick.

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