Bronx affordable housing community experiences revival, N.J. woman avoids foreclosure and gets locked out of home anyway … and more

December 04, 2009 05:01PM

1. Tavern on the Green fixtures to hit auction block January [Crain’s]
2. Islanders might join Nets at planned Barclays arena, while some speculate the arena’s naming rights will come at half price [Post] and [Post]
3. Vulture fund Nuveen Investments goes public on NYSE [National Mortgage News]

4. Four more NYC schools face closure, including once-top-ranked Jamaica High School in Queens [Post] and [NYDN]
5. Goldman catches flack for falling glass from West Street headquarters [The Broadsheet Daily]
6. Coney Island redevelopment opponents argue planned theme park too small [Brooklyn Paper via Post] 

7. N.J. woman avoids foreclosure, gets locked out of home anyway [NJ Times via Huffington Post]
8. Bronx affordable housing community experiences revival [NYDN]
9. NYC economic outlook brighter, Budget Office report claims [Post]
10. Famed Hamptons restaurant, the Laundry, files for Chapter 11 [Grub Street] 

11. Community Board 1 fears funds to new community center could divert aid away from other organizations [The Broadsheet Daily]
12. Catholic church officials sue Long Island town for blocking cemetery construction [NYDN] 

13. Sheepshead Bay gets Royal Bay restaurant [Sheepshead Bites]
14. Advocate argues against Hannah Senesh’s Carroll Gardens expansion plan [McBrooklyn]
15. First-ever Sag Harbor accessory apartment approved [Sag Harbor Express]
16. Red Hook to welcome NYC’s first zero energy building [A View from the Hook]
17. Unsold bonds costing state of New Jersey $657,000 per month [Bloomberg]

18. Midtown restaurant Mangia files for bankruptcy [Crain’s]
19. Nationwide apartment starts drop to record low [National Mortgage News] 

20. Noteholders debating options in Six Flags Chapter 11 reorganization plan [Crain’s]
21. Long-term fixed mortgage rates reach average level of 4.71 percent [Realty Times]
22. HUD secretary Shaun Donovan says housing market is seeing “light at the end of the tunnel” [National Mortgage News]
23. With big banks leaving TARP control, some have doubts over their financial stability [Credit Writedowns via Naked Capitalism] 

24. More homeowners opt to invest in improvements, rather than flip houses [CNNMoney]

25. Banks see huge losses on short sales [Bloomberg]
26. MBS will fall more, according to Paolo Pellegrini, head of PSQR Management [Crain’s]
27. More young renters prefer prime locations over posh spaces [Washington Post]
28. Citigroup needs Treasury to sell shares to pay back bailout funds, industry experts say [Bloomberg]
29. FBI reports more instances of mortgage fraud [Christian Science Monitor via Realtor Mag]
30. As Obama pushes for more permanent loan modifications, some question how will effect permanent modifications can be [WSJ]
31. New rent-pay start-up allows tenants to submit monthly checks to landlords online [Crain’s]