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City council votes to demolish PS 133, REIT index rises 28 percent ... and more

1. City Council votes to demolish PS 133 building in Park Slope [Brownstoner]
2. City proposes alternative Gowanus Canal cleanup plan [NYT]
3. Madoff's Upper East Side penthouse was seized by US Marshals [NY Post] and [Bloomberg]
4. Bike lines added to Empire Boulevard in Crown Heights and Flatbush [Streetsblog]
5. City may use eminent domain to secure Coney Island projects [NYDN]
6. Ratner says leaked renderings are not representative of true Atlantic Yards plans [Crain's]
7. Park Circle plan lauded by community for practicality and safety features [Brooklyn Paper]
8. New group formed to explore wind farms on Long Island [NY Post]
9. REIT index rose 28 percent in April to June period [WSJ]
10. Americans don't want larger homes, study shows [WSJ]
11. Rising unemployment rates hurting Obama's housing recovery plan [WSJ]
12. Trustee wins court approval to reject Madoff's lease for three floors in Midtown's Lipstick Building [Bloomberg]
13. Unemployment nationwide hit 9.5 percent in June [Sun-Sentinel]
14. U.S. foreclosures to peak in late 2010, Barclays Capital says [Bloomberg]
15. Housing market statistics nationwide hint at recovery [Reuters]
16. Shares of iStar Financial fall [Forbes]
17. Has housing market hit bottom? [ABC News]
18. REIT improvements may be sign of commercial market turnaround [CoStar]
19. Columnist says open houses still work [WSJ]