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Fed sounds alarm on commercial real estate debt, homebuyers lose negotiating power … and more
1. Fed sounds alarm on commercial real estate debt [CoStar]
2. The Blackstone Group acquires SeaWorld, other amusement parks in $2.7 billion deal [GlobeSt]
3. Fannie and Freddie not ready to pay back taxpayers [ABC News]
4. An excerpt from Ivanka Trump’s book, due out next week [NY Mag]
5. Former tenants protest demolition of Chinatown building [Downtown Express]
6. Treasury will offer rewards for short sales [DS News]
7. FHA may need a bailout, experts say [NYT]
8. City says no to Battery Park City-Financial District pedestrian bridge [Downtown Express]
9. Whoopi Goldberg coughed up $2.8 million for West Orange, NJ mansion [Realestalker]
10. Luxury hotel occupancy holds steady as other industry sectors decline [Hotel News Now]
11. Homebuyers lose negotiating power in August [Reuters]
12. Next year’s housing market favors buyers, too [American Banking News]
13. City moves to take control of Governor’s Island — again [The Villager]
14. Tire Swing Park demolition and redesign to continue as planned in Battery Park City [Downtown Express]
15. Future looks promising for home builders [CNBC]
16. New thinking needed to spur housing market recovery [Seeking Alpha]
17. Building owner tears down shuttered Manny’s Music Shop décor on 48th Street and Seventh Avenue [Lost City]
18. Thompson blasts Bloomberg over rent increases [Downtown Express]