Virgin Megastore in Union Square closes, Bed-Stuy condo becomes homeless shelter … and more

1. Union Square’s Virgin Megastore closes [NYT]
2. Actor Stephen Baldwin’s home north of the city will be auctioned off [Vancouver Sun]
3. Living in Southport, Conn. [NYT]
4. Rent Guidelines Board to hold public hearing in the Bronx today [NYDN]
5. Foreclosures cause nearby homes to decline in value [NYT]
6. Shop owners along the Second Avenue subway route say construction is loosening bricks in buildings [Post]
7. Bed-Stuy condo project becomes homeless shelter [NYDN]
8. Homeowners accumulate units in buildings to create larger apartments [NYT]
9. Sellers who don’t want to settle for lower prices are renting homes instead [NYT]
10. Water main break floods four blocks of the Bronx [NYDN]
11. A profile of the Upper West Side development Columbus Square [NYT]
12. Despite downturn, Westchester rental market has few deals [NYT]
13. School approved for former church site in Bay Ridge [Brooklyn Paper]
14. Bob Weinstein buys a brownstone at 39 West 70th Street [NYT]
15. Restaurant owners angry over increasing fines from the city [Crain’s]
16. Experts say it’s too early to expect a rebound in the market [Crain’s]
17. Lawyers Alliance for New York says it got a deal on a new Midtown office [Crain’s]
18. Signs of life at Brooklyn Bridge Park [Brooklyn Paper]
19. No vacancies at 1440 Broadway [Crain’s]
20. Prices of one in three Hamptons homes for sale in the city have been cut [Reuters]