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LA court strikes down SB9 law allowing single-family lot splitsLA court strikes down SB9 law allowing single-family lot splitsTides’ original investors may be wiped out by preferred equity dealTides’ original investors may be wiped out by preferred equity dealHomeServices of America strikes $250M settlementHomeServices of America strikes $250M settlementHousing deal finally passes; here are the detailsHousing deal finally passes; here are the details
New York

Freedom Tower sees tenants vying for space … and more

1. Building demolition slow but steady at site of the Grand Street seven-alarm fire [Bowery Boogie]
2. Icelandic volcano means cheap real estate for some travelers [NY Mag]

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3. NYC burger eatery Burger at Its Best files for Chapter 7 [Crain’s]

4. Yankees star Jorge Posada’s one-time bachelor pad now on the market [NY Mag]
5. Once a wildly unpopular development, Freedom Tower is now seeing tenants vying for a spot [NYT]

6. Popular East Village cupcakery expands [EV Grieve]
7. Oxygen television network founder puts CPW co-op on market for $14.5 million [NYT]
8. Hester Street neighborhood street fair launches on the Lower East Side [Bowery Boogie]
9. MacArthur “genius” grant recipient plans to pump perfume into Hunts Point apartment to negate sewage smell [NYDN]
10. Investigation shows how ratings agencies, Wall Street execs each played a role in high ratings for bad mortgage investments [NYT]
11. Industry experts weigh in on Obama’s housing reform options [Inman]