Back from the dead … and more

August 06, 2008 10:01AM

  1. 1. Port Washington-based Steve & Barry’s will be bought out by a Manhattan investment firm that could keep the bankrupt chain afloat [Newsday]
  2. 2. A look at Lou Dobbs’ big estate [Gawker]
  3. 3. Russian automobile and oil billionaire Boris Berezovsky sold his 30th-floor apartment at Trump International [NYO]
  4. 4. Building owners are in a rush to sell because they are
    afraid the Democrats will raise the capital gains tax [NYO]
  5. 5. Real estate attorney Jonathan Mechanic is the one Donald
    Trump and Jerry Speyer to turn to for legal advice [NYO]
  6. 6. Women in commercial real estate face a glass ceiling [NYO]
  7. 7. Many of New York
    City’s soul food restaurants are closing [NYT]
  8. 8. Freddie Mac, the mortgage giant, posted its fourth consecutive quarterly loss [Reuters via NYT]
  9. 9. Home heating bills are expected to spike this winter [NYT]
  10. 10. The U.S. Treasury has hired Morgan Stanley to provide advice on the future of Fannie Mae and Freddie Mac [NYT]
  11. 11. Morgan Stanley reportedly told clients that they won’t be allowed to withdraw money on their home-equity credit lines [Bloomberg]
  12. 12. Frank Sciame bought another 110,000 square feet of air rights for 80 South Street on the East River [Post, 3rd item]
  13. 13. Flushing tenants returned to their homes after a recent gas explosion to find them looted [NYDN]
  14. 14. A look at three high-tech ways to make your home more
    marketable [WSJ]
  15. 15. Mortgage lender FirstFed faces a large number of defaults on
    complex loans, even though they mostly went to borrowers with good credit. [WSJ]