Residents want Caton on the Park to become affordable housing, Long Island prices still high … and more

1. Kensington residents trying to turn Caton on the Park into affordable housing [Arch Paper via Curbed]
2. Corcoran takes over sales at 14 Hope Street, lowers prices [Brownstoner]
3. Developer John Catsimatidis talks about 202 Myrtle Avenue project [Brownstoner]
4. Brooklyn Bridge Park loses $8 million from budget, foot bridge cut from plan [Brownstoner]
5. Architect Santiago Calatrava said designing the World Trade Center transit hub was difficult [Crain’s]
6. Tailor restaurant in Soho goes bankrupt [Crain’s]
7. Appeals court upholds decision that developer Shaya Boymelgreen improperly assigned lease to Forest City Ratner [AY Report]
8. General Growth Properties gets new terms on a $400 million loan [Bloomberg]
9. REITs raise $10.6 billion to cut debt [Bloomberg]
10. Prices on Long Island still high [LIBN]
11. John Jermain Memorial Library in Sag Harbor to be expanded [Sag Harbor Express]
12. Reservations rise, helping Bovis Homes [FT]
13. First concrete laid for Sept. 11, 2001 memorial [AP via SI Advance]
14. History of the collapsed 217 Court Street [Lost City]