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Stuyvesant Town–Peter Cooper Village

Stuyvesant Town–Peter Cooper Village (/ˈstvəsənt/), colloquially known as StuyTown, is a large post–World War II private residential development on the east side of the New York City borough of Manhattan. The complex consists of 110 red brick apartment buildings on an 80-acre (32 ha) tract stretching from First Avenue to Avenue C, between 14th and 23rd Streets. Stuyvesant Town–Peter Cooper Village is split up into two parts: Stuyvesant Town, south of 20th Street, and Peter Cooper Village, north of 20th Street. Together, the two developments contain 11,250 apartments.

Stuyvesant Town–Peter Cooper Village

21,049

74.1%

12.6

6.7

3.6

3.0

$99,324 (Peter Cooper Village), $86,345 (Stuyvesant Town)

10009–10010

Stuyvesant Town–Peter Cooper Village was planned, beginning in 1942, and opened its first building in 1947. It replaced a neighborhood known as the Gas House district. The complex has been sold multiple times, most recently in 2015 when it was sold to Ivanhoé Cambridge and Blackstone for $5.45 billion.


Stuyvesant Town–Peter Cooper Village is part of Manhattan Community District 6, and its primary ZIP Codes are 10009 and 10010.[1] It is patrolled by the 13th Precinct of the New York City Police Department (NYPD).

Geography[edit]

Stuyvesant Town–Peter Cooper Village is bounded by First Avenue on the west, 23rd Street on the north, Avenue C on the east, and 14th Street on the south. The complex covers about 80 acres (320,000 m2) of land in total, including parkland. Stuyvesant Town–Peter Cooper Village contains 11,250 apartments[6] in 55 buildings, which have 110 separate street addresses.[7]


The buildings south of 20th Street are known as Stuyvesant Town, or "Stuy Town".[8] They were named after Peter Stuyvesant, the last director-general of the Dutch colony of New Amsterdam, whose farm occupied the site in the 17th century. The buildings north of 20th Street are called Peter Cooper Village, named after the 19th-century industrialist, inventor and philanthropist Peter Cooper, who founded Cooper Union.


Stuyvesant Town–Peter Cooper Village abuts the Stuyvesant Park and Gramercy Park neighborhoods on the west,[9] the East Village and Alphabet City to the south, and Kips Bay to the north. The surrounding area to the west is notable for a historic two-block park surrounded by the old Stuyvesant High School called Stuyvesant Square, Saint George's Church, and the Beth Israel Medical Center.

Architecture[edit]

The complex is designed as two large "superblocks", independent of the grid system that characterizes the majority of Manhattan below 155th Street.[51] It consists of two large parks, one for each part of the complex, juxtaposed with modern red brick apartment towers. Its design was heavily influenced by the modernist "Towers in the park" theory advocated by Swiss-French architect Le Corbusier[52] in which residences consist of tall apartment buildings situated within a park-like environment.[53]


Solar panels were installed atop Stuyvesant Town's towers in a project completed in 2019. They comprise the largest array of solar panels on an apartment complex in the United States.[54]

Demographics[edit]

Based on data from the 2010 United States Census, the population of Stuyvesant Town/Peter Cooper Village was 21,049, a change of 1,948 (9.3%) from the 19,101 counted in 2000. Covering an area of 132.9 acres (53.8 ha), the neighborhood had a population density of 158.4 inhabitants per acre (101,400/sq mi; 39,100/km2).[2] The racial makeup of the neighborhood was 74.1% (15,600) White, 3.6% (751) African American, 0.1% (23) Native American, 12.6% (2,662) Asian, 0% (6) Pacific Islander, 0.1% (23) from other races, and 2.6% (539) from two or more races. Hispanic or Latino of any race were 6.7% (1,405) of the population.[3]


The entirety of Community District 6, which comprises Stuyvesant Town and East Midtown, had 53,120 inhabitants as of NYC Health's 2018 Community Health Profile, with an average life expectancy of 84.8 years.[55]: 2, 20  This is higher than the median life expectancy of 81.2 for all New York City neighborhoods.[56]: 53 (PDF p. 84) [57] Most inhabitants are adults: a plurality (45%) are between the ages of 25 and 44, while 22% are aged between 45 and 64, and 13% are 65 or older. The ratio of youth and college-aged residents was lower, at 7% and 12% respectively.[55]: 2 


As of 2017, the median household income in Community District 6 was $112,383.[58] The median income in Peter Cooper Village individually was $99,324,[5] and the median income in Stuyvesant Town was $86,345.[4] In 2018, an estimated 10% of Stuyvesant Town and East Midtown residents lived in poverty, compared to 14% in all of Manhattan and 20% in all of New York City. One in twenty-five residents (4%) were unemployed, compared to 7% in Manhattan and 9% in New York City. Rent burden, or the percentage of residents who have difficulty paying their rent, is 42% in Stuyvesant Town and East Midtown, compared to the boroughwide and citywide rates of 45% and 51% respectively. Based on this calculation, as of 2018, Stuyvesant Town and East Midtown are considered to be high-income relative to the rest of the city and not gentrifying.[55]: 7 

Fire safety[edit]

Stuyvesant Town is served by the New York City Fire Department (FDNY)'s Engine Co. 5 fire station, located at 340 East 14th Street.[66][67]

Post office and ZIP Codes[edit]

Stuyvesant Town and Peter Cooper Village are located in three ZIP Codes. The area south of 20th Street and in Stuyvesant Town is located in 10009, while the area north of 20th Street and in Peter Cooper Village is located in 10010. Several buildings on First Avenue are located in 10003, the ZIP Code for the East Village.[70] The United States Postal Service operates the Peter Stuyvesant Station post office at 335 East 14th Street.[71]

PS 19 Asher Levy (grades PK-5)

[74]

PS 34 Franklin D Roosevelt (grades PK-8)

[75]

PS 40 Augustus St.-Gaudens (grades PK-5)

[76]

PS 226 (grades PK-2, 4-8, 10-11)

[77]

The Children's Workshop School (grades PK-5)

[78]

Town & Village newspaper[edit]

The community has its own newspaper, Town & Village, also known as "the T&V". It was first published in 1947 and has been published every week since, covering news in Stuyvesant Town, Peter Cooper Village, Waterside Plaza, and Gramercy Park.[86] The paper was founded by Charles G. Hagedorn and as of the late 2000s (decade) is published by Hagedorn Communications. Town & Village is independent and not affiliated with the ownership of the complex.

Peter Cooper Village is the setting for and Judy Holiday's characters' new home in the 1952 comedy-drama The Marrying Kind, with exterior shots filmed in both Stuyvesant Town and Peter Cooper Village.[100]

Aldo Ray

The Barbers' apartment in is in Peter Cooper Village.

Three Days of the Condor

's character Eddie Willis in the 1956 boxing noir, The Harder They Fall—his final film appearance—lives at 8 Peter Cooper Road.[100]

Humphrey Bogart

The opening shots in 's The Bachelor Party (1956) are of Stuyvesant Town, which provides the location for the apartment of Charlie (Don Murray) & Helen (Kathleen Maguire).

Delbert Mann

Stuyvesant Town is the setting for , a 2020 novel by Teddy Wayne.[101]

Apartment

Stuyvesant Town and Peter Cooper Village appeared in a 1957 episode of the TV show . [102]

Decoy

Charles V. Bagli (2013). Other People's Money: Inside the Housing Crisis and the Demise of the Greatest Real Estate Deal Ever Made. . ISBN 9780525952657.

Dutton Adult

Demas, Corinne (2000) . State University of New York Press.

Eleven Stories High: Growing Up in Stuyvesant Town, 1948–1968

Stuyvesant Town and Peter Cooper Village timeline of sale

MetLife: making money at the government's expense?

MetLife May Sell Stuyvesant Town

"MetLife sells NYC apartment complex for $5.4 billion"

Video: ST/PCV is the largest commercial real estate default in US history

Notes


Further reading

Official website

Stuyvesant Town-Peter Cooper Village Tenants Association

The Stuyvesant Town Report Blog

Stuy Town Walker Blog