Four finalists selected for Starrett City

Four finalists selected for Starrett City – Crain’s New York Business

Four finalists selected for Starrett City

After narrowing an initial pool of eight bidders down to four, site owner Starrett City Associates is expected to pick a winner by Sept. 1.

July 24. 2008 3:53PM Daniel Massey

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The owners of Starrett City have selected four finalists from a group of eight bidders as the process of choosing a new owner for the largest federally subsidized housing complex in the country moves forward.

The finalists include: the Rev. Floyd Flake’s Greater Allen A.M.E. Cathedral of New York, which teamed up with J.P. Morgan Chase & Co.; the NHP Foundation, which teamed up with The Related Companies; a group that includes the Cogsville Group, The Housing Partnership Development Corporation, the Clarrett Group and the Christian Cultural Center; and a final bidder that includes Westbrook Partners, the Central Labor Council, Phipps Housing, the Metropolitan Council on Jewish Poverty and Provident Resources Group.

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