Survey shows New Yorkers don’t want another airport, rates on home loans expected to stay low … and more

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1. Poll shows most New Yorkers don’t want an additional airport built [NYT]
2. Even in market downturn “hilarious sumptuousness” lives on [NYO]
3. The plot thickens at 1055 Park Avenue [Curbed]
4. New list of New York City’s best neighborhoods released [TONY]
5. In the Hamptons, the AIA Peconic Design Awards announced [Curbed]
6. Study says that state foreclosure prevention programs have been largely ineffective [Bloomberg]
7. The Fed taking baby steps to lessen financial support for housing market [NYT]
8. Lehman Brothers owes its London landlord $4.3 billion [Bloomberg]

9. Rates on home loans expected to stay low [AP via ABC]

10. Luxury hotels in U.S. at high risk for defaulting on loans [Bloomberg]

11. Questions over Toll Brothers’ sales push abound [MarketWatch]
12. Fed begins to slow its purchase of mortgage-backed securities [Bloomberg]