1. Financing for big Manhattan deals is hard to come by, and some industry bigs are getting bearish [NYO]
2. An 11,626-square-foot, six-story townhouse at 18 East 80th Street sold for $37.5 million [NYO]
3. Mortgage broker Ralph Herzka discusses the commercial market [NYO]
4. Bronx residents want Related to offer a community benefits agreement in exchange for developing the Kingsbridge Armory [NYT]
5. Artist Olafur Eliasson’s four waterfalls open tomorrow around New York City [NYT]
6. Springfield Gardens residents in Queens are protesting an under-construction motel they say will become a haven for drugs, prostitution and gangs because it’s owned by a hotelier who charges hourly rates [NYDN]
7. The New York City Housing Authority, which manages 178,000 public housing apartments for over 400,000 low-income tenants, is under intense fiscal strain [Gotham Gazette]