Mortgage crackdown … and more

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  • 1. The Federal Reserve tightened its mortgage rules [Bloomberg]
  • 2. Starbucks’ first nation-wide round of closings [Crain’s]
  • 3. Mortgage concerns caused a sell-off in shares of New York’s mid-size banks [Crain’s]
  • 4. A look inside Brooklyn’s new Nu Hotel [Brownstoner]
  • 5. Another Rockrose tower will be built in Queens West in Long Island City [A Fine Blog]
  • 6. A mansion at 11 East 64th Street sold for $42.5 million [NYO]
  • 7. The Beaver House in the Financial District is now using pillow fights to sell condos [NYO]
  • 8. Several rich Russians are shopping for trophy homes in the U.S. [WSJ]
  • 9. The founder and chairman of New Jersey-based home builder Hovnanian Enterprises has bought a big load of the company’s stock [WSJ]
  • 10. The New Museum has attracted galleries to the Bowery [Boston Globe]
  • 11. Real estate service firms are on a buying spree [Reuters]