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LA court strikes down SB9 law allowing single-family lot splitsLA court strikes down SB9 law allowing single-family lot splitsTides’ original investors may be wiped out by preferred equity dealTides’ original investors may be wiped out by preferred equity dealMicrosoft shedding office leases to save $1.5B a year in rentsMicrosoft shedding office leases to save $1.5B a year in rentsDevelopers have a new tax break. Now they must figure it outDevelopers have a new tax break. Now they must figure it out
New York

High Line attracts new condos… and more

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  1. 1. High Line attracts new condos in West Chelsea more [NYT]
  2. 2. Gowanus Expressway could be replaced by a parkway more [NYDN]
  3. 3. Prices leap for jumbo mortgages more [Newsday]
  4. 4. Big condo projects in Asbury Park and Vernon, New Jersey, imperiled by mortgage crisis more [NYT]
  5. 5. Residential auctions seen more in Westchester more [NYT]
  6. 6. A look at Elliman president Dottie Herman’s Hampton home more [Newsday]
  7. 7. Brazilian commercial development saw $3B in U.S. investment in 2007 more [Post]
  8. 8. A dozen historic New York churches expected to be demolished in 2008 more [Post]
  9. 9. At City Hall, Rev. Jesse Jackson leads forum on subprime crisis more [Newday]
  10. 10. Ruined Roosevelt Island small pox hospital falling down more [NYT]
  11. 11. What to do with inherited real estate more [NYT]

  12. 12. Madison Avenue oddity started as a synagogue in 1885 more [NYT]

  13. 13. Hamptons rentals heat up, while sales cool down more [NYT]

  14. 14. Streit’s matzo factory on Lower East Side enters final stage more [NYT]

  15. 15. Hartford downtown shifts west to big new development called Blue
    Back

    Square more [NYT]

  16. 16. REITs are no longer a sure bet; investors become more careful more [NYT]