Beginning Sept. 1, CompassRock Real Estate will take over managing the massive residential complex.
A plaza at 303 E. 83rd St., supposed to be open to the public, has been locked for more than a year.
The terms of the Stuyvesant Town deal were not released, and the agreement is pending court approval.
Residents make another move to take control of Stuyvesant Town and Peter Cooper Village.
The 74-foot Rockefeller Center Christmas tree was fed through a massive mill on the plaza Saturday morning.
An appraisal showed Stuyvesant Town is worth $2.8 billion, slightly more than half what it was purchased for in 2006.
Rose Associates was appointed Stuyvesant Town's property manager after spending nearly four years in the job.
A judge granted a motion to foreclose on the massive East Side complex, allowing it to head to the auction block.
Former owner is telling tenants to remove old walls in favor of new ones that further subdivide space.
The Observer's 100 Most Powerful People in Real Estate list included many old favorites.
Stuyvesant Town and Peter Cooper Village moved toward foreclosure on Thursday.
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