Blackstone, Ivanhoé form NYC property management company
Blackstone Group and Ivanhoé Cambridge will form a new property management company at New York-based Peter Cooper Village Stuyvesant Town (PCVST). No financial terms were disclosed. Rick Hayduk has also been named general manager of PCVST effective January 1st. Ivanhoé, the real estate investment arm of the Caisse de dépôt et placement du Québec, partnered with Blackstone in the acquisition of PCVST, a private residential development, late last year.
7 January 2016•4 mins read
