1. The Senate agrees on stabilizing the housing market with tax
breaks for home builders, a $7,000 tax credit for buying foreclosed homes, and
money for counseling borrowers and for local governments to buy foreclosed
properties [NYT]
2. A breakdown of the $245 billion in asset write-downs and
credit losses since the beginning of 2007 [Bloomberg]
3. Mayor Bloomberg has transformed much of the city by pushing
through 76 rezoning initiatives [AMNY]
4. Three entrepreneurs sue city after spending millions turning
a Fort Greene building into a music hall and
art space, which the city wants to demolish to make way for its own art space [Brooklyn Paper]
6. State Senator Tom Duane offers to confront landlord on
behalf of residential tenants of the estate of the late Bill Gottlieb, who say
their buildings are in disrepair [Villager]
7. Madonna wins fight to expand Central Park West co-op [NYDN]