Losing Aqueduct bidders consider Paterson suit, renewals key in 2009’s top leases … and more

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1. Losing parties in Aqueduct bid mull possible Paterson suit [Post] 
2. In recession, real estate veterans once thought of as dinosaurs now seen as sages [NYT] 
3. Renderings unveiled for massive Hell’s Kitchen development Studio City [Curbed] 
4. Bronx City Council member accused of massive corruption, including shakedown of businesses for Yankee Stadium contracts [NYDN]
5. After months of delays, ground-floor Empire State Building cocktail lounge scheduled to open in March [Village Voice] 
6. In 2009’s top leases, renewals played key roles [NYO]
7. Park Slope’s Vermeil condo inches closer to selling out all units [Brownstoner] 
8. Inside details on new, reportedly yet-to-be-named hotel at 48th Street and Lexington Avenue revealed [Hotel Chatter]
9. Cupcakeries continue retail assault on and domination of Brooklyn [Brooklyn Paper] 
10. Former Cheyenne Diner site sits vacant, still [Vanishing New York] 
11. Texan sideshow entrepreneur makes a play for Coney Island space [Observer] 
12. City plans to close 10 daycare centers in Brooklyn — and some community members are none too pleased [Brooklyn Paper]
13. Columbia University real estate finance lectures offered on iTunes for free [A Student of the Real Estate Game] 
14. Community rallies to save embattled Starlite Lounge [Nostrand Park] 
15. Coney Island’s Shore Theater takes steps toward landmark status [Amusing the Zillion] 
16. Construction industry may rely heavily on government projects to create sustainable improvement [Infrastructurist]
17. Fannie, Freddie expected to need futher federal injection [WSJ]
18. Rate of prime jumbo mortgages that are 60 days or more late climbs to 9.6 percent [Bloomberg]
19. Condo buyer sues real estate broker over secondhand smoke in recently-purchased home [Brick Underground] 
20. In economic downturn, suburban areas hit especially hard [Fast Company]