Sorry, you need to enable javascript to visit this

URGENT NOTICE: Relief Available for Homeowners Affected by Hurricanes and Other Disasters. Learn More ›

A Deal to Help Make New York Affordable for Renters

Jan 11 2016

Susan Steinberg moved into a one-bedroom apartment in New York City’s Stuyvesant Town-Peter Cooper Village residential development 35 years ago. She’s been there ever since.

“It’s a special place,” she says, calling life in the landscaped 80-acre, 11,241-unit residential community at the edge of Manhattan’s East Village like “suburban living in the city.”

“I hear birds. I see squirrels. We actually had a resident hawk for a while,” she says. “Living in Manhattan, unless I won the lottery and had my own building, this is really the place to be. It’s just a wonderful experience.”

That wonderful experience has had its fair share of upheavals in recent years, adds Steinberg, who is president of the Stuyvesant Town-Peter Cooper Village Tenants Association. Built in 1947 by insurance company Metropolitan Life to provide New Yorkers with middle-class housing, Stuyvesant Town, or ST-PCV, has in recent years passed through a series of sales and defaults that have at times threatened to undermine its bucolic, affordable nature.

Beware of Scams

Learn how to identify and avoid scam artists who promise immediate relief from foreclosure.

Find out more »


Find the answers to common questions concerning your mortgage and the various options to avoid foreclosure.

Find out more »


Visit our glossary of key terms to increase your understanding of the foreclosure options available.

Find out more »