Ringling Brothers open in Coney Island, multi-family sector has high default rate … and more

1. Ringling Brothers open in Coney Island [NYDN]
2. Brooklyn Public Library saved from budget cuts [Bay Ridgistan]
3. Lighthouse at Long Island project includes 5.5 million square feet of mixed-use development [NYT]
4. Bronx lawyer in housing eviction cases may not exist [NYT]
5. Tenants and landlords debate rent hikes with Rent Guidelines Board [NYDN]
6. City’s cost of living drops 0.1 percent [NYT]
7. Long Island City residents say MTA exhaust fan is too noisy [NYDN]
8. Pelham Bay Bridge turns 100 years old [NYDN]
9. Lehman Brothers Holdings to sell real estate unit for $10 million [Bloomberg] and [WSJ]
10. Multi-family sector is leading commercial real estate with the highest default rate [Reuters]
11. JPMorgan Chase repays all of its TARP funding [The Business Insider] and [Crain’s]
12. Concrete plant coming to Red Hook waterfront [NYDN]
13. Novogratz family selling townhouse and penthouse in the city [Post, 2nd item]
14. Irish investor Derek Quinlan cuts price of Upper East Side townhouse to $32 million from $37 million [Post, 3rd item]
15. A look into playwright Theresa Rebeck’s Park Slope home [Post]
16. Brooklyn-based Groundworks designs city gardens [Post]
17. Jumbo market still in poor shape [The Business Insider]
18. Obama administration launches financial protection agency for consumers [The Truth about Mortgage.com]
19. Freddie Mac prices new notes [National Mortgage News Online]
20. Six options for Fannie, Freddie overhauls [Inman]
21. Eddie Bauer files for bankruptcy [MarketWatch]
22. What bankers see in store for mortgage rates [Trulia]