Donald Cogsville, the unusually attractive real estate developer, former pro soccer player and one of the two remaining bidders for Starrett City, sought to downplay reports that the sale of the nation’s largest federally subsidized housing complex is at a standstill, saying the transaction could still be completed by the end of 2008. “The sale is not on hold ...

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From Crain's: "The sale of Starrett City has been delayed because the owner of the sprawling Brooklyn complex and federal housing officials have been unable to agree on the fair market value of future rents. Starrett City Associates had initially expected to select a winning bid by early September, but the owner feels rents set by the Department of ...

Today's the deadline to bid on Brooklyn's Starrett City, the nation's largest federally subsidized housing complex. And, unless a dark horse bolts from the shadows, it looks like there will be only two bidders, both of which have community ties that could assuage the affordability concerns of the Department of Housing and Urban Development. The two groups ...