Bloomberg signs construction oversight bill, mortgage rates drop this week … and more

1. Bloomberg signs bill to extend construction and demolition oversight [GlobeSt.]
2. A slideshow of the High Line park opening [Post]
3. New York City galleries abandoning exhibition space for the virtual world [Downtown Express]
4. As a Queens food-packing plant threatens to move to New Jersey, Bloomberg offers tax credits to make them stay [Post]
5. Battery Park City residents lobby to save neighborhood park from demolition [Downtown Express]
6. Clinton Hill assembly member offers luxury apartment bailout plan [Brooklyn Paper]
7. Dyker Heights council member postpones park renovation with local birds in mind [Brooklyn Paper]
8. Nobel prize-winning economist Joseph Stiglitz says U.S. economic recovery does not appear “sustainable” [Bloomberg]
9. SmartMoney columnist James Stewart says this is the best time to buy a home [WSJ]
10. Second largest maker of sea cargo boxes to market “houses in containers” [Bloomberg]
11. REIT managed by Annaly Capital to become September’s first initial public offering [Reuters]
12. Mortgage rates drop this week, sparking more home sales [WSJ]
14. As U.S. shop space becomes cheaper, Burberry looks to expand presence [Bloomberg]