How higher tax rates will affect luxury housing, Twenty9th Park Madison sells out … and more

A rendering of the Wangjing SOHO by Zaha Hadid Architects, which has been copied by a new Chinese development
A rendering of the Wangjing SOHO by Zaha Hadid Architects, which has been copied by a new Chinese development

1.  How new higher tax rates will affect luxury housing [Forbes]
2. Murray Hill’s Twenty9th Park Madison is now 100 percent sold out [Press Release]
3. Critics argue that the new multi-billion dollar mortgage settlement favors banks [NBCNews]
4. Chinese architect knocks off building design by renowned architect Zaha Hadid [WAN]
5. Billionaire Ronald Perelman, who once sued UES bistro owner Philippe Delgrange over “illegal” sidewalk seats, is now backing a new Delgrange-run Le Bilboquet bistro two blocks away [NYP]
6. On Friday, a Karl Fischer-designed condo building at 263 Bowery will see a new art gallery: Garis & Hahn [NYT]
7. The tenants of 301 Oriental Boulevard in Manhattan Beach have dropped their Housing Court fight over a foul odor in their building after failing to afford pricey  independent environmental tests [NYDN]
8. Much loathed West Village IHOP opens [Gothamist]
9. The boutique law firm Holwell Shuster & Goldberg has leased to 35,681 square feet at 125 Broad Street [NYP, 3rd item]
10. Washers, dryers and custom closets in Long Island City [DNAInfo]

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