The Real Deal New York

Indoor park pops up in Nolita, subprime mortgages sink BofA to worst-performing 2011 stock … and more

December 30, 2011 08:20AM

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Park Here, an indoor park in Nolita

1. An indoor park with food vendors pops-up in Nolita

2. After much delay, construction finally begins on $70M indoor track at Ocean Breeze on Staten Island

3. Largely due to subprime mortgages BofA will likely be 2011’s worst performer in Dow Jones Industrial Average

4. Equity Residential moves to intervene in court proceedings over Lehman’s Archstone bid

5. Examining the history of 97-year-old 640 Park Avenue, and its “mansionlike” apartments

6. Unreliable appraisals for commercial properties are responsible for many bank failures during recession
[American Banker]

7. Mortgage rates will inch up, but remain very low through 2012

8. By 2030 U.S. will have 3M gay seniors, but not enough gay senior centers to provide nondiscriminatory care for them

9. Inside 307 West 153rd Street — Manhattan’s worst rental building

10. Danny Meyer’s Flatiron BBQ joint Blue Smoke to open second location Jan. 9 in Battery Park City

11. Once best known for potato farms, North Fork now has a growing number of diverse livestock operations

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