NYC – Most expensive property ever being sold


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petercoopervillage.jpgIt’s said to be the biggest deal for a single piece of American property in modern times. Stuyvesant Town and Peter Cooper Village are up for sale. The two complexes stretch for nine-blocks along the East River. The 110-apartment buildings house what many consider Manhattan’s middle class. Two-thirds of the buildingsí inhabitants have regulated rents. The asking price for the property is said to be $5 billion.