Long Island rebounds … and more 

May 08, 2008 09:34AM

  • 1. Long Island median home prices are up [Newsday]
  • 2. Apollo’s plans for redeveloping downtown Riverhead are getting downsized [Newsday]
  • 3. Former MTA Chairman Peter Kalikow is taking down a fence that barred public access to Lake Montauk, but he insists the land will remain private [NYDN]
  • 4. Winning lawsuits over losses in the mortgage market and the credit crisis could be tough, lawyers say [NYT]
  • 5. The historic F station at Fourth Avenue and Ninth Street in Park Slope will soon get a facelift [AMNY]
  • 6. Is the housing crisis over? [WSJ]
  • 7. A bankruptcy judge has rejected Countrywide Financial Corp.’s proposed settlement over accusations that it fabricated evidence used in a bid to foreclose on a home [WSJ]
  • 8. State Attorney General Andrew Cuomo is cracking down on real estate fraud
  • 9. The New Jersey Meadowlands Commission is severing ties with a developer that wanted to build thousands of homes and a golf course atop landfills [NYT]