The bigger they are … and more

June 27, 2008 05:58PM

  • 1. Higher-priced U.S. homes could see the values drop the fastest, according to analysts at JPMorgan Chase [Bloomberg]
  • 2. The World Trade Center’s redevelopment is so entangled with problems that creating a new time table and budget will take months [Crain’s]
  • 3. Lenders are making home improvements difficult by cutting off more home-equity lines of credit [WSJ]
  • 4. The city has paid almost $50 million to become the outright owner of the condo portion of 330 Jay Street in Downtown Brooklyn [Brownstoner]
  • 5. A former Hamptons broker gets six years in prison for downloading child pornography [Newsday]
  • 6. The Consolidated Edison building at 4 Irving Place could be landmarked [NYO]
  • 7. Terrence Spillane, the veteran media relations director at Cushman & Wakefield, has died at 52 [GlobeSt.]
  • 8. Michael McCrary, a former Baltimore Raven, was awarded $33 million in damages after getting bilked by a developer [Baltimore Sun]
  • 9. Amy Sacco’s Chelsea restaurant Bette closed almost exactly three years after it opened [Eater]
  • 10. The 5,200-square-foot Brooklyn mansion owned by the actors Jennifer Connelly and Paul Bettany at 17 Prospect Park West has gone into contract [Brownstoner]
  • 11. A new Holiday Inn in Midtown quickly filled up [Hotel Chatter]

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