UWS rental prices dropping, U.S. mortgage applications falling … and more

1. Former AIG CEO Maurice Greenberg’s investment firm signs 120,000-square-foot lease at 399 Park Avenue [NYO]
2. Workers at the Stella D’Oro cookie plant protest the company’s decision to close Bronx plant and move operations to Ohio [NYDN] 
3. UWS rentals getting cheaper [Westside Independent]
4. Decorator Liz O’Brien’s gallery moving further east [Post, 4th item]
5. Country-Wide Insurance renews 109,000-square-foot lease at Trump’s 40 Wall Street [NYO]
6. Andrei Vavilov, Russian tycoon who sued the Plaza hotel, leaves the building [NYO] 
7. How to buy a foreclosure home without getting hosed [WSJ] 
8. U.S. mortgage applications fell 2.8 percent last week [Bloomberg] 
9. Examining how the real estate downturn is affecting property funds [WSJ] 
10. Days Inn and Super 8 motels franchiser plans to buy more brands [Bloomberg]
11. Home prices may be improving, but loan delinquencies are still on the rise [WSJ]

Sign Up for the undefined Newsletter