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New York

State mortgage agency to offer tax credits, Westchester developer sells lots for unbuilt luxury homes … and more

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1. State of New York Mortgage Agency to offer federal tax income credits to first-time homebuyers [NYT]
2. Wife of Monkees singer faces charges for defrauding a New York City housing program [Crain’s]
3. Family stays in longtime home on 47th Road in Long Island City [NYT]
4. Shadow units mean New York City condo market could be even worse than feared [Crain’s]
5. Residents opposed to opening of concrete plant in Red Hook [Brooklyn Paper]
6. Westchester developer selling lots for unbuilt luxury homes [NYT]
7. New Jersey couple moves back to Upper East Side [NYT]
8. Platinum Equity takes Vanderbilt Avenue penthouse [Crain’s]
9. Holocaust center to open in October at Queensborough Community College [Post]
10. More than 150,000 square feet leased this year at 1385 Broadway [Crain’s]
11. Federal Reserve focusing on housing market recession [Bloomberg]