Storm-related property damage is extensive, flood of salt water may have seriously damaged NYC subway system … and more

A shuttered subway station
A shuttered subway station

1. Storm slows, but property damage already extensive [Capital NY]
2. Salt water may have seriously damaged the New York City subway system [WSJ]
3. Retailers plot post–storm sales [NYT]
4. Ignoring evacuation orders, many New Yorkers waited out flooding from Zone A homes [NYP]
5. Australian food company signs 15-year lease at 1407 Broadway [Crain’s]
6. Handbag maker LeSportsac opens new, 860-square-foot store at 248 Columbus Avenue [NYP, 3rd item]
7. Michelle Williams reportedly leaves Boerum Hill brownstone she shared with Heath Ledger, moves into Jason Segel’s Red Hook loft [Daily Mail]
8. Tenants aren’t upgrading apartments, according to the tenant representation firm Cresa [NYP, 4th item]
9. Housing recovery playing out differently in California than in Florida [Forbes]
10. Michael Kors adds 9,000 square feet in Bryant Park [Crain’s]

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