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New York

Cote D’Ivoire government spends $8M on new offices, FHA-backed mortgages in Brooklyn face tough times … and more

1. Cote D’Ivoire spends $8 million on new offices for Permanent Mission to the UN [NYO]

2. New School proposes student dorm addition to academic building plan [The Villager]


3. 16 city post offices still face possible closure [NYT] 
4. FHA-backed mortgages in Brooklyn face tough times [Brooklyn Eagle]

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5. Gay community center planned for Brooklyn [NYT]

6. Urban activist Jane Jacobs’ home at 555 Hudson Street sell for $3.3 million [Curbed] 
7. Orchid Café to have grand opening this weekend in Bed-Stuy [Brownstoner] 
8. Vintage record shops hold on in New York City [NYT] 
9. The Corcoran Group’s report says things are looking up in the Hamptons
[Curbed] 
10. Fed divided over when to raise interest rate [NYT]

11. With $54 billion more in losses than it can withstand, FHA bailout looks likely [Bloomberg]

12. Experts say rate of return still justifies property investment
[MSNBC] 
13. Real estate professionals increasingly turn to high-tech programs to enhance business [ABC News] 
14. More banks shying away from short sales [Business Week via Realtor Magazine] 
15. Goldman Sachs Group looks to sell first commercial mortgage bond since June 2008 [NYT] 
16. Mortgage lender fees generating record profits [Huffington Post] 
17. Critics say that home foreclosure efforts aren’t doing enough [Business Week via Yahoo!]

18. Zillow and Trulia report nationwide home price cuts [U.S. News and World Report via Realtor Magazine] 
19. Fannie and Freddie aiming to assist growth of independent mortgage lenders [Business Insider] 
20. Corporate housing rentals riding out tough market [Realty Times] 
21. Commercial loans increasingly seeking special servicing [Housing
Wire] 

22. NYU frat house on the market for $17.3 million [EV Grieve]