Where’s Harry? … and more 

New York /
May.May 07, 2008 10:02 AM
 
  • 1. Searching for Harry Macklowe, the elusive indebted developer [NYO]
  • 2. Jed Walentas is leading his family’s development business back to Manhattan with a big West Side project called Clinton Park [NYO]
  • 3. About $2 billion in Sept. 11 funds for a JFK airport rail link is caught up in election year politics [NYDN]
  • 4. The suburban office market holds up [NYT]
  • 5. President Bush vows to veto a bill that would expand access to federally insured mortgages to help struggling homeowners refinance [NYT]
  • 6. Fannie Mae, the nation’s largest buyer of home loans, announced it would raise $6 billion in new funds, on the same day it announced a $2.2 billion quarterly loss [NYT]
  • 7. A bad day for Swiss bank UBS: it reports a $10.9 billion quarterly loss and 5,500 job cuts tied to the subprime meltdown, as well as a U.S. investigation into whether it helped clients evade U.S. taxes [NYT]
  • 8. Residents at the McKibbin lofts in East Williamsburg, Brooklyn, live in tight quarters [NYT]
  • 9. Rudin Management could apply for a hardship exemption to revive its St. Vincent’s Hospital expansion plans [NYT] and [Sun]
  • 10. Urban farmers are now selling their fruits and vegetables to a wider market [NYT]
  • 11. Questions asked about promised green roof for Atlantic Yards arena [AYR]

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