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New York

Barry Sternlicht says investors could do with a little “fear,” a gingerbread version of One57 crane collapse … and more

The One57 "candy crane" (source: DNAinfo)
The One57 "candy crane" (source: DNAinfo)

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1. “I want people to have some fear,” Starwood CEO Barry Sternlicht says, warning that the fast recovery of the housing market could spell loose investing in some areas [GlobeSt]
2. City officials hope to settle on one of two Kingsbridge Armory proposals by spring [WSJ]
3. Check out this “candy crane”: Le Parker Meridien buils five-foot gingerbread version of One57 crane collapse [DNAinfo]
4. Architect Paul Rudolph’s former home — a landmarked townhouse with penthouse on top — hits the market for $27 million [WSJ, 2nd item]
5. Governor Andrew Cuomo passes new regulations to expedite some 360,000 Sandy-related home insurance claims [City and State]
6. Jehovah’s Witnesses Watchtower Society continues selling spree with $2.8 million sale of Brooklyn Heights townhouse [Brownstoner]
7. Urban planners, architects offer up how they’d spend $9.8 billion to protect New York from the next Sandy [NYO]
8. Public artwork, community gardens, a dog run and more: Fulton Area Business Alliance unveils ideas for reimagining Brooklyn’s Fulton Street [Brownstoner]
9. Princess Cottage, a symbol of Sandy damage in New Jersey, may yet be saved [AOL]
10. Less competition, more motivated sellers and three other reasons to hunt for a home in the off-season [Trulia]
11. More than 1,000 Staten Islanders show up for FEMA town hall, seeking answers on Sandy recovery [WNYC]
12. Preservationist ask Douglas Steiner to protect church as he starts East Village apartment construction [NYT]
13. In London, a 150-year-old water tower becomes a sleek townhouse [Curbed]
14. Should AirBnB warn consumers more explicitly about local laws? [NYT]