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Real Estate Rumors: Stuy Town, Hudson Yards, Kraft Heinz

By Natalie Rodriguez (October 22, 2015, 12:19 PM EDT) -- The Blackstone Group and Ivanhoe Cambridge are rumored to be on the hunt for a $2.9 billion financing package to help close their planned $5.3 billion acquisition of Stuyvesant Town-Peter Cooper Village in Manhattan, according to a Real Estate Capital report on Thursday, which cited unnamed sources. Both partners are said to be contributing $1.3 billion in equity, according to the report. The duo announced the acquisition plan for the complex earlier this week after inking an affordable housing deal with city officials. Stuy Town has been plagued by financial and legal troubles since its previous owners defaulted on their $5.9 billion financing package in 2010....

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