State officials debate which projects will get stimulus funds, one in five mortgages underwater … and more

March 05, 2009 08:15AM

1. State officials sift through project proposals to decide who gets stimulus funds [NYT]
2. Rent-regulated family in the Apthorp surrounded by empty apartments [NYT]
3. Fourth hotel could come to Duffield Street [Brooklyn Paper]
4. Citi Field, opening March 29, is nothing like Shea Stadium [NYT]
5. Administration releases details of housing program [CNN Money] and [Business Week]
6. One in five mortgages are underwater, survey says [CNN Money] and [WSJ]
7. Extended-stay hotel market doing better than rest of hotel submarket [National Real Estate Investor]
8. Bank charges may increase with new mortgage plan [Bloomberg]
9. As market drops, Saks can no longer use real estate assets [Bloomberg]
10. Property REITs now much cheaper than privately held real estate [Reuters]
11. Accredited Home Lenders formula leads to mortgage payment troubles, Daly says [NYDN]

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