Fifth Avenue is pricey for retailers, Barbara Corcoran buys in Brooklyn … and more

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  • 1. Fifth Avenue is one of the priciest streets for retailers worldwide [NYO]
  • 2. Barbara Corcoran buys multifamily brownstones in Brooklyn [Brownstoner]
  • 3. New source of geothermal heating found [NYT]
  • 4. New home construction plunged in October [MSNBC]
  • 5. Public hearing for Toll Brothers’ Gowanus Canal project tonight [GL]
  • 6. Dow Jones falls below 8,000 for the first time since 2003 [ABC News]
  • 7. A look at the Bellevue Psychiatric Hospital, soon to become a hotel [NY Mag via Curbed]
  • 8. To solve the housing crisis, reward the prudent [Seeking Alpha]
  • 9. Hotel trades council becomes political [NYO]