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Lawmakers reach sweeping housing deal with “good cause eviction,” new 421aLawmakers reach sweeping housing deal with “good cause eviction,” new 421aMarty Burger’s new venture sputters on takeoffMarty Burger’s new venture sputters on takeoffChen family sues bank, contractor for over $3 billionChen family sues bank, contractor for over $3 billionLG Development supersizes Fulton Market apartment projectLG Development supersizes Fulton Market apartment project
New York

Lehman Bros. looks south … and more

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  • 1. Lehman Brothers is offering U.S. consumers mortgage packages in Mexico and Costa Rica [Inman]
  • 2. Bad housing news is driving consumer confidence down its lowest levels since the last housing crash [WSJ]
  • 3. Sales of new homes continue falling and prices keep dropping [WSJ] and [AP]
  • 4. The original Flirt boutique on Smith Street will close, while the sister shop on 5th Avenue in Park Slope will remain open [Brownstoner]
  • 5. CBRE Global Real Estate Securities is betting on Asia and cutting its U.S. investments [Bloomberg]