Subway coming to 111 Central Park North, mortgage crisis hits Levittown … and more

1. Fast-food chain Subway coming to 111 Central Park North [Curbed]

2. At 740 Park Avenue, there is a 3 percent flip tax paid by the purchaser [Michael Gross via Curbed]

3. Ace New York hotel opening March 16 [Hotelchatter]

4. Angelina Jolie was just filming a movie, not shopping for a home, in Washington Heights [Curbed]

5. New York Foundation for the Arts moving to 20 Jay Street in Dumbo [Dumbo NYC]

6. Queens family may be evicted from home [CBS]
7. Broker Tigal Tamaro opening real estate office at 936 Fulton Street [Brownstoner]
8. Architect J. Max Bond dies at 73 [NY1]
9. School Construction Authority preparing to use eminent domain to take Maspeth property [Queens Crap]
10. Billionaire Charles Johnson buys Sherry Netherland co-op unit for $3 million [NYO]

11. Mortgage crisis hits Levittown [Newsday]

12. Community Board 6 wants Toll Brothers’ promise of affordable housing in writing [Brooklyn Paper]
13. Audit Integrity’s Jim Kaplan says companies with real estate
exposure in the city will face trouble in coming months [Seeking Alpha]
14. Zig-zag building finished in Maspeth [Queens Crap]
15. Nationwide, effect of mortgage plan may be limited [Bloomberg]
16. U.S. mortgage rates fall for second week [Bloomberg]

17. Commercial property prices down 16 percent [NYO]
18. Do you qualify for mortgage aid? [Business Week]
19. Dow Jones fell to its lowest close in six years today [Cityfile]