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Stuy Town Management Company Beam Living Reduces Staff

by therealdeal.com posted 2weeks ago 50 views
Beam Living, the management company at the sprawling Stuyvesant Town complex in Manhattan, has let some employees go. https://therealdeal.com/new-research/topics/property/stuyvesant-town/ The layoffs occurred in the administration, construction and real estate departments, sources said. Beam Living is owned by asset management firm Blackstone Group, the world’s largest commercial landlord, which last quarter reported having $156 billion in dry powder. The future according to Blackstone: “Less density and a lot less new construction” “We value the hard work The post Layoffs at Blackstone’s Stuy Town management firm appeared first on The Real Deal New York.

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