On Manhattan’s East Side, Fannie Mae has granted its official approval
to 211 East 51st Street, HJ Development’s 14-story luxury condo
conversion. Also, Believe High Schools Network, a charter school organization, is
expanding and relocating to 33 Nassau Avenue in the Greenpoint area of
Brooklyn. Meanwhile, at the annual meeting of the American Economic
Association yesterday, Federal Reserve Chairman Ben Bernanke suggested
a comprehensive review of past monetary policy in order to avoid
future housing bubbles. Click here for more. TRD [more]