Blackstone (NYSE:BX), through funds it manages on behalf of its real estate investors, and Ivanhoé Cambridge, a real estate subsidiary of Caisse de dépôt et placement du Québec (CDPQ), today announced that the new property management company at Stuyvesant Town/Peter Cooper Village/ (STPCV) will be named StuyTown Property Services, following the end of a transition period with former property manager Compass Rock on April 1st.
On January 7, 2016, Blackstone and Ivanhoe Cambridge announced the appointment of Rick Hayduk as the property’s new General Manager to oversee the 56 buildings that house the 30,000 residents in the STPCV community.
“The termination of the previous management agreement and the formal establishment of StuyTown Property Services marks a major milestone for all residents,” said Nadeem Meghji, Senior Managing Director, in Blackstone’s Real Estate Group. “We are pleased to have Rick and his StuyTown Property Services team in place and ready to serve the community.”
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