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Rent board’s 4% hike will “plunge” buildings into distress: landlordsRent board’s 4% hike will “plunge” buildings into distress: landlordsH-E-B snags 21 acres in Celina, hinting at development boomH-E-B snags 21 acres in Celina, hinting at development boomMacerich faces “imminent” default on $300M Santa Monica Place loanMacerich faces “imminent” default on $300M Santa Monica Place loanLawmakers reach sweeping housing deal with “good cause eviction,” new 421aLawmakers reach sweeping housing deal with “good cause eviction,” new 421a
New York

New York home foreclosures could double, building partially collapses … and more

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1. New York home foreclosures could double in coming months or years [Crain’s]
2. Developers vie to redevelop Aqueduct racetrack [NYO]
3. Outlet store comes to Soho [NYO]
4. Midtown Equities said to be about to Purchase 452 Fifth Avenue [Post, 2nd item]
5. Brokers call audition for Madoff UES apartment listing a “cattle call” [NYO]
6. Gary Shteyngart’s Lower East Side one-bedroom allegedly goes into contract [Downtowny]
7. Building at 77 West 126th Street partially collapses [Fox]
8. Miami trial lawyer buys $8.2 million Manhattan penthouse [NYO]
9. Bloomberg administration has paid for more than 550 homeless families to leave the city since 2007 [NYT]
10. Brooklyn Cohousing to hold meeting Friday on potential financing option [NYT]
11. Property bond sales may pick up [Bloomberg]
12. Obama administration tells loan servicers to work faster [CNNMoney] and [AP]
13. Office market continues to slump [National Mortgage News]
14. Brookfield Properties second-quarter results likely to drop [Reuters]
15. Commercial real estate is banks’ Achilles heel [MarketWatch]
16. Bernanke’s net worth drops by almost a third [AP via MSNBC]