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New York

Carrion hired architect to renovate home and then approved separate project, South Bronx has few banks … and more

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1. White House Office of Urban Policy Director Adolfo Carrion, former Bronx borough president, hired an architect to design renovations for his home, and after it was complete, approved a project the architect was working on, the Daily News says [NYDN]
2. In the South Bronx, there is only one bank per 20,000 residents [NYDN]
3. RE/MAX Dolphin Real Estate closes 11 offices without losing employees [Inman]
4. Government expected to have a plan to refinance office towers and malls in April [CSM]
5. Whole Foods to sell 13 stores [NYT]
6. U.S. economy could be headed for depression [Bloomberg]
7. Best Buy could see benefits from Circuit City closure [Market Watch]