The $45M club … and more 

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  • 1. A look at the $45 million club of elite Manhattan homeowners [Post]
  • 2. Another pane of glass fell from a building in Times Square [NYT]
  • 3. As the Manhattan D.A. considers charging in the city over last year’s deadly Deutsche Bank building fire, there are revelations that inspectors knew that fire-safety rules were being ignored [NYT] and [NYDN]
  • 4. Manhattanville, the neighborhood that Columbia University will expand in, has more warehouses than town houses [NYT]
  • 5. A $90 million project near the New Jersey Performing Arts Center overlooking the Passaic River will be Newark’s third-tallest structure [NYT]
  • 6. Young Asian-Americans in New York are buying in towers that are close to their old neighborhoods [NYT]
  • 7. The owners of a historic home are trying to get it added to the Upper East Side Historic District [NYT]
  • 8. A young buyer in the South Bronx believes the neighborhood can only go up [NYT]
  • 9. Goldman Sachs has downgraded Lev Leviev’s AFI Development Plc to “neutral” from “buy,” citing higher financing costs [Bloomberg]
  • 10. A company called Vertical Access scales the city’s skyscrapers to make sure they’re sound [Sun]
  • 11. Housing starts in the U.S. fell to a 17-year low in July [Bloomberg via Sun]
  • 12. A subprime glossary [IHT]
  • 13. The Georgica gets glassy [A Fine Blog]