Billionaire investor Wilbur Ross and partners. including developer Richard LeFrak. may consider buying the Stuyvesant Town-Peter Cooper Village apartment development after its owners cede control to lenders.
'We are not really capital-constrained, so we can put up whatever is needed,' Ross, 72, said. 'We’re prepared to go all the way.'
The future ownership of the 80-acre property, Manhattan’s biggest apartment complex, was put in question yesterday after owners Tishman Speyer Properties LP and BlackRock Inc. said they will turn over the buildings to lenders following a missed debt payment.