High Line exec paid $1.2M … and more

1. High Line executive director Robert Hammond has been paid about $1.2 million over the last 10 years of the park’s development [NYT]
2. Representative Charles Rangel, who has previously failed to disclose rental income, did not report $500,000 in assets for 2007 [NYT]
3. Lower East Side participating in an exchange program, hosting British boutiques until Sept. 13 [NYT]
4. Carlton Avenue Bridge will be closed for at least three years [Atlantic Yards Report]
5. Citigroup doubles mortgage modifications in New York state in second quarter [Crain’s]
6. Sales of new homes probably rose in July [Bloomberg]
7. Shopping center owner Westfield Group said property values have bottomed out [Bloomberg]
8. Housing market shows some signs of life [Bloomberg]