December 20, 2008 – NEW YORK, NY Selected to purchase nation’s largest federally assisted apartment complex The Cogsville Group,LLC, a private equity firm with primary focus on commercial real estate, has outbid Westbrook Partners for Starrett City, a 5,881‐unit rental…
Monthly Archives: December 2008
Effort To Sell Starrett City Is Down To Single Bidder
THE NEW YORK TIMES by CHARLES V. BAGLI – December 20, 2008 – The owners of Starrett City, the sprawling low- and moderate-income housing complex on Jamaica Bay in Brooklyn, are negotiating with the finalist in the bidding to buy…
Posted in The Cogsville Group News
Bailout of apartment groups could stop foreclosure wave
DAILY NEWS – December 9, 2008 – BE OUR GUEST: DONALD COGSVILLE, real-estate investor ‘Reduced services & fixes will cause suffering.’ Rent-regulated housing is a vital and irreplaceable resource to New York City’s workforce, and appealing and safe affordable rental…
Posted in The Cogsville Group News