Saving Stuyvesant Town - Daniel R. Garodnick

Saving Stuyvesant Town

By Daniel R. Garodnick

  • Release Date - Published: 2021-04-15
  • Book Genre: Industries & Professions
  • Author: Daniel R. Garodnick
Our rating: 5/5 stars

Score: (From 0 Ratings)

Saving Stuyvesant Town Daniel R. Garodnick read online review & book description:

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.

@2019 – Go Read a Book. All Right Reserved. is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for website owners, to earn advertising fees by linking and advertising to and any other website that may be affiliated with Amazon Service LLC Associates Program; As an Amazon Associate I earn from qualifying purchases.

Saving Stuyvesant Town book review Saving Stuyvesant Town ePUB; Daniel R. Garodnick; Industries & Professions books.

Post a review about this book