Costly bailout … and more

  • 1. Bailing out Fannie Mae and Freddie Mac could cost taxpayers as much as $25 billion [AP]
  • 2. Socialite Ann Dexter-Jones buys a home in the West Village after living at the Bowery Hotel for months [CityFile]
  • 3. The city council has voted to close a zoning loophole that allows taller developments in Carroll Gardens [Gowanus Lounge]
  • 4. Residents concerned about gentrification are moving to shut down the Brooklyn Flea Market, started by Brownstoner.com’s Jonathan Butler [NYMag]
  • 5. More security guards have been posted at the Hotel Chelsea to look out for tenant meetings [Living With Legends]
  • 6. Larry Silverstein to Regis Philbin: “We can’t even dig a hole straight.’ [Curbed]
  • 7. Inwood might be gentrifying, but it’s also still home to muggers, drug dealers and teens with bats [Curbed]
  • 8. Williamsburg’s New York Loft Hostel lets you “live like a hipster king” [Curbed]
  • 9. Sun architecture critic James Gardener has second thoughts about disliking Andre Balazs’ One Kenmare Square [Sun]

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