A debtor | Blackstone-Ivanhoe Cambridge Joint Venture |
A creditor | CWCapital Asset Management LLC |
Amount | 566,000,000 USD |
Goods | Most important, CWCapital and Fortress would also get about $566 million in default interest on the senior mortgage as their tenure at Stuyvesant Town came to an end. |
Notes | Presumably, the Joint Venture would have to pay default interest to the prior bondholders prior to closing on the purchase of Stuy Town-Peter Cooper, according to The New York Times. |