The Real Deal New York

Development sites are moving in Northern Manhattan, Bloomberg “mistreats” Bronx residents … and more

July 14, 2011 05:16PM

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1. At least six Harlem and Washington Heights development sites have gone into contract since May

2. Some REITs are interested in creating AA-rated bonds, rather than ultra-stringent AAA-rated notes

3. Atlantic City, Coney Island rank first and second in nation’s best boardwalk survey

4. Fairway to open UES location — with adjacent cafe — next week

5. Controversial Chelsea homeless shelter is delayed for at least another week

6. Peggy Aguayo, of Brooklyn brokerage Aguayo & Huebner, sums up market by saying, “seller beware”

7. Bankruptcy judge OKs Borders’ liquidation to group paying between $252M and $284M in cash

8. New antiques store opens in Sag Harbor

9. Presenting renderings for retrofitted Lenox Terrace in Central Harlem
[Harlem + Bespoke]

10. Extolling the virtues of Neil Denari’s HL23 design [ArchPaper]

11. Foreclosure crisis is generating a new kind of short sale fraud [CNN]
12. Former CEO of Martha Stewart brand buys 3,800-square-foot co-op for $3.95M at 260 Fifth Avenue [NYO]
13. Judge overrules new waterfront home for St. Ann’s Warehouse theater in Brooklyn [NYT]

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