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LA court strikes down SB9 law allowing single-family lot splitsLA court strikes down SB9 law allowing single-family lot splitsGlossier founder is buyer of $22M Brooklyn townhouseGlossier founder is buyer of $22M Brooklyn townhouseTides’ original investors may be wiped out by preferred equity dealTides’ original investors may be wiped out by preferred equity dealMajor developers are converting South Florida malls into mixed-use projectsMajor developers are converting South Florida malls into mixed-use projects
New York

Tourists cash in … and more

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  1. 1. Tourists lured by the weak dollar are clashing with locals who resent their city’s thrifty appeal [NYT]
  2. 2. Nassau County is trying to draw tourists [NYT]
  3. 3. Long Island’s real estate market is showing some signs of stability [NYT]
  4. 4. Hotels are finally starting to go green [NYT]
  5. 5. Buyers at the new condo tower 57 Irving Place will get access to Gramercy Park if they join the Players Club [NYT]
  6. 6. A plan to build mansions in Connecticut for buyers looking to spend over $10 million has stalled after just three homes [NYT]
  7. 7. Morristown, N.J., has seen a brisk pace of residential real estate sales [NYT]
  8. 8. The Christodora House in the East Village is still a symbol of the
    neighborhood’s gentrification two decades after the Tompkins Square riot [NYT]
  9. 9. Hamilton Heights offers cheap apartments, but some aren’t so nice [NYT]
  10. 10. An East Harlem community garden is being replaced by a seven-story co-op [NYT]
  11. 11. The closing of four Brooklyn Heights businesses at one intersection has shaken the neighborhood [NYT]
  12. 12. Turtle Bay residents blame a homeless shelter for drug use, prostitution and mayhem [NYT]
  13. 13. More bank failures are expected [Reuters]
  14. 14. Apartment Investment and Management Co. said rising expenses drove down revenues in the second quarter [AP via CNN]
  15. 15. The Cornell farm on the border of Queens and Nassau County could become a city park [NYDN]
  16. 16. More on what the housing bill signed last week offers [Boston Globe]
  17. 17. HSBC says it’s too soon to tell if bad mortgage loans have peaked [Reuters]
  18. 18. Fort Greene residents must wait another six months for any decision on
    the crumbling mansions of Admiral’s Row in the Brooklyn Navy Yard. [Crain’s]
  19. 19. Upscale furniture and lighting store Domus Design Collection has signed
    a 15-year lease for a 28,000-square-foot store at 136 Madison Avenue [Crain’s]
  20. 20. A look inside the $34.5 million penthouse at 145 Hudson [NY Mag]