GM building sale could set records … and more 

January 21, 2008 12:08PM

1. Harry Mackowe’s sale of the General Motors building could set records if it sells for between $1,500 and $2,000 a square foot, for a total of $3 billion to $4 billion [Crain’s]

2. How developers build around sites that get in the way of big projects [NYT]

3. What will happen to the New York City housing market if Europeans stop buying? [Post]

4. Grand Javits convention center expansion plans officially dropped [NYT]

5. Hotelier Andre Balazs prepares to take on London [Times of London]

6. Co-ops look to cash in on law allowing increase in commercial rents [NYT]

7. FBI’s New York office has tripled the number of agents working mortgage fraud cases [NYDN]

8. Foreign investors covet big-name buildings as dollar weakens [NYDN]

9. A look at the history of Downtown with author Pete Hamill [NYT]

10. Incentives show it’s a buyers’ market, and also prop up sales prices [Hartford Courant]

11. Upper East Side music box store forced out by rising rent [NYT]

12. Bovis Lend Lease, Trump Soho contractor, was cited for 220 accidents while building the Bloomberg LP headquarters on Lexington Avenue [Post]

13. Two Harlem record stores face closure [NYT]

14. Prices fall in New Jersey and buyers take notice [NYT]

15. Hardware store priced out of spot at 111th street and Broadway found a new home in Yonkers [AMNY]

16. Superfund clean-up sites take years and lack money [NYT]

17. United Nations could lease 600,000 square feet at 380 Madison Avenue [REW]

18. City evacuates 150 people from South Williamsburg building, citing illegal loft conversions and illegal matzo factory [NYT]

19. Red Hook marble company faces eviction after losing option to buy building it spent $250,000 fixing [NYDN]

20. Mahopac, once a summer getaway, is now an less expensive year-round alternative to Westchester [NYT]

21. Chelsea Art Museum struggles to avoid foreclosure after attempt to sell its air rights collapses [Post]

22. How NYU lured away a Columbia law professor with the offer of an apartment [NYT]

23. 2007 was the worst year for REITs in the past 10 years [Journal-News]

24. Subprime lending executive who killed wife left suicide note [Post]