Stuy Town Sweepstakes: A packed courtroom hoped to see…

A packed courtroom hoped to see who would walk away with control of Stuyvesant Town today, but the judge didn’t have a flair for the dramatic, and postponed his ruling . Now a decision is expected sometime this month on whether high-flying hedgie Bill Ackman can foreclose on the property, or whether CW Capital, which represents Stuy Town’s senior lenders, can continue its “orderly foreclosure.” [Crain's]

Originally posted here:

Stuy Town Sweepstakes: A packed courtroom hoped to see…

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