Manhattanites buy Brooklyn … and more 

June 18, 2008 09:51AM

  • 1. As Brooklyn real estate gets more expensive, Manhattan buyers get more interested [NYO]
  • 2. Robert Knakal talks about the building-sales firm he founded with Paul Massey [NYO]
  • 3. Red Hook developer Greg O’Connell talks about the changing Brooklyn neighborhood [NYO]
  • 4. The Abu Dhabi Investment Council will buy 90 percent of the Chrysler Building, not 75 [Post, 2nd item]
  • 5. Two more home builders file for Chapter 11 bankruptcy protection [WSJ]
  • 6. Commercial borrowers are forced to consider loans that would give the lenders “recourse” to the borrowers’ personal fortunes, which ruined many in the last real estate crash [WSJ]
  • 7. Tom Wolfe still doesn’t like architect Norman Foster’s plan for a residential tower above the Parke-Bernet Gallery at 980 Madison Avenue on the Upper East Side [Sun]
  • 8. New Jersey’s attorney general files suit over mortgage fraud charges [Star-Ledger]

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