The Real Deal New York

Trump International Hotel and Tower penthouse in need of “full renovation” goes for $31M in foreclosure auction … and more

January 28, 2010 08:21AM

1. Trump International Hotel and Tower penthouse in need of “full renovation” goes for $31M in foreclosure auction [Post, 3rd item]

2. Roosevelt Island to get stimulus funding for Section 8 Housing Vouchers [Roosevelt Islander]
3. Roubini forecasts continued slow U-shaped recovery during Davos panel [MarketWatch]
4. Katie Lee, Billy Joel’s ex, lists Perry Street townhouse for $12.9M [Post, 1st item]

5. Private equity firm Apollo Management expects to do more distressed commercial real estate investments this year [Reuters]
6. Julianne Moore checks out Soho Mews units after listing West Village townhouse for $12M [Post, 4th item]
7. Does our current mortgage system encourage predatory lending? [Rortybomb]
8. Florida Marlins owner pays $22.5M for land and carriage house next to Tory Burch’s new Southampton mansion [Post, 2nd item]
9. Current market conditions mean spring could come early this year for housing [WSJ]

10. The most over- and under-valued cities in America [CNN Money]

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