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New York

City vies for $200M in state development funds, global growth in office values is slowing … and more

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Sterling Place and Nostrand Avenue in Crown Heights

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1. City is among 10 regions vying for $200M in state development funds
[NYT]
2. Port Authority’s gigantic electronic billboard bothers West 43rd Street residents
[Post]
3. NYC commercial default rate in October was ahead of national average
[WSJ]
4. Economic uncertainty slows growth of global office values
[Bloomberg News]
5. Aqueduct bringing water to NYC causes cracks in upstate homes
[AP]
6. 535 Madison Avenue quickly fills up after Dillon Read departs its 200,000 square feet
[WSJ]
7. Prospect Park Lake is covered in dangerous bacteria
[Post]
8. Five street vendors on 54th Street and Fifth Avenue owe city nearly $1M in fines
[Post]
9. Bronx-based sausage maker gets big tax break to relocate to New Jersey
[NYDN]
10. Diversity of housing draws buyers to Crown Heights
[WSJ]
11. Chef behind now-shuttered Alison on Dominick to open restaurant in Flatiron
[Post]
12. Nets sell tickets swiftly for Barclays Center
[NYDN]
13. Aqueduct casino design is disappointing, critic says
[WSJ]