Mortgage applications index drops, poker champ buys at Trump Tower … and more

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1. Mortgage applications index drops 14 percent [Bloomberg]
2. Brooklyn’s first Fairfield Inn rising [Brownstoner]
3. Small electronics chains pursuing expansion downtown after collapse of Circuit City [WSJ]
4. Smart growth recommended over suburban sprawl on Long Island, developers say [GlobeSt]
5. Meeting in Carroll Gardens about designating Gowanus Canal as Superfund site [OTBKB]
6. Delay in plans to connect Penn Station with Grand Central [Queens Crap]
7.
More second-home owners are renting out properties [NYT]
8. Two-night stay at Trump Soho being auctioned off [Curbed]
9. Mercer Street dog run to be renovated [Bowery Boogie]
10. Poker champ Vadim Trincher buys condo at Trump Tower for $5 million, $1 million less than its asking price [Post]
11. Forest City Enterprises sells 6.8 million company shares [Trading Markets]
12. Nationwide, home price declines slowed in first quarter, but commercial price drops continued [Bloomberg] and [Reuters]
13. 324 East 51st Street’s glass and metal facade revealed [Curbed]