Bear Stearns bust … and more

  • 1. Evidence revealed in Bear Stearns mortgage fraud case [Bloomberg]
  • 2. A new Brooklyn development on First Street just off Fourth Avenue was supposed to be called The Gowanus, but is now Elan Park Slope [Curbed]
  • 3. A controversial West Side heliport will continue operating on West 30th Street, but will eliminate sightseeing flights [Crain’s]
  • 4. A 1,500-foot tall skyscraper planned in downtown Philadelphia could cost about $1 billion [Bloomberg]
  • 5. A big party is planned for the Alma at 30 West 21st Street, the former Danceteria club [NYO]

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