Apollo’s cash … and more

  • 1. Apollo Real Estate Advisors LLC raised another $309 million so it can make some big investments [Bloomberg]
  • 2. 11 Times Square gets glassy [Curbed]
  • 3. Avalon is amassing a big site in West Chelsea [Curbed]
  • 4. A former chief economist at the International Monetary Fund says the credit crunch could topple several banks [Bloomberg]
  • 5. A Gene Kaufman-designed hotel and apartment building in Williamsburg has gotten three stop-work orders this summer [Gowanus Lounge]

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