NJ’s Revel casino files for bankruptcy, Sutton and Sitt deny “leapfrogging” retail brokers … and more

Interior rendering of 56 Leonard
Interior rendering of 56 Leonard

1. Jeff Sutton and Joe Sitt fire back at allegations that they cut retail brokers out of deals [NYO]
2. The Revel casino, once heralded as Atlantic City’s saving grace, files for bankruptcy protection [Yahoo]
3. A penthouse at 56 Leonard in Tribeca is officially on the market for $24 million [Streeteasy]
4. East Bushwick developments growing like weeds [Brownstoner]
5. A measure of architects’ billings jumps at the fastest rate in five years [Business Insider]
6. Comics retailer ComiXology takes about 22,000 square feet at 512 Seventh Avenue [NYO]
7. Over a railyard or next to Citi Field? Creative suggestions for the location of a future Major League Soccer stadium [Capital New York]
8. Broad Street Development signs another tenant at 61 Broadway, this time law firm Rosner Nocera & Ragone LLP [NYO]
9. Beer distributor Oak Beverages stumbles into a 350,000-square-foot space in the Bronx’s Hunts Point [Crain’s]
10. Ashkenazy Acquisition offers a stretch of billboard real estate on Delancey Street [Lo-Down]
11. If you plan to invest in real estate, don’t make these eight mistakes [Business Insider]
12. A research paper on mortgage-backed securities concludes that misrepresentations about quality were worse than thought [WSJ]

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