Forest City misses large payments on $162 million Atlantic Yards mortgage loan, American consumers are paying credit card bills before mortgage payments … and more

New York /
Dec.December 09, 2009 04:57 PM

1. Forest City misses large payments on $162 million Atlantic Yards mortgage loan [NYO]
2. Illegally divided homes are dangerous but fill a need for residents [Gotham Gazette]
3. Academy Awards signs lease with New York City non-profit for office space [Crain’s]   
4. Abundance of pop-up shops have opened throughout Manhattan [Cheryl Shops]
5. Broadway Triangle rezoning plan passes two key City Council votes [Post]
6. Landmarks Commission approves changes to Philip Falcone’s $49M UES mansion [Curbed]
7. Talks about the Kingsbridge Armory mall project are “no longer positive” [Bronx News Network]
8. Manhattan architect pleads guilty in commercial check cashing scheme [Post]
9. How Goldman Sachs is handling its move from 85 Broad Street to West Street [NYO]
10. City will pay for renovations at Brooklyn Bridge Park if the state grants it control of the park [Brooklyn Paper]
11. Many NYC landlords are members of the Independence Party of New York [NYO]
12. Bloomberg signs bill prohibiting simultaneous demolition and asbestos abatement activities within same building [GlobeSt]
13. American consumers are paying credit card bills before mortgage payments [The Truth About Mortgage]
14. Units are sold out at Prospect Heights green development Sterling Green [Brownstoner]
15. State Senator Bill Perkins asks for a temporary moratorium on the use of eminent domain in New York state [Atlantic Yards Report]
16. Nationwide, only 10,000 homeowners received permanent loan modifications under Obama’s mortgage relief plan [USA Today]
17. TARP extended to October 2010 [Square Feet Blog] and [CBS]
18. Listing prices are down in 25 out of 26 markets [Matrix]
19. Until loan-to-value ratios drop, foreclosures will continue [Market Ticker]
20. Consumer lending shrank 1.7 percent in October for ninth consecutive month [WSJ via Patrick.net]
21. Investors interested in acquiring General Growth Properties malls are running into difficulties [Reuters]
22. BofA has repaid $45 billion in government bailout funds it has received [USA Today] and [CNBC]
23. Citigroup will repay TARP by raising money through a stock offering [CNBC]
24. Green buildings architect Malcom Wells dies at age 83 [Media Bistro]
25. Government-sponsored enterprises are adopting standards which will “remove a significant disincentive for buyouts” [Housing Wire]


Related Articles

arrow_forward_ios
(Image by Wolfgang & Hite via Dezeen)
Hudson Yards megadevelopment inspires a new line of sex toys
Hudson Yards megadevelopment inspires a new line of sex toys
Cammeby's International Group founder Rubin Schron and, from top: 194-05 67th Avenue, 189-15 73rd Avenue and 64-05 186th Lane (Credit: Google Maps)
Ruby Schron lands $500M refi for sprawling Queens apartment portfolio
Ruby Schron lands $500M refi for sprawling Queens apartment portfolio
Wendy Silverstein (Credit: Getty Images)
Wendy Silverstein, co-head of WeWork’s real-estate fund, is out
Wendy Silverstein, co-head of WeWork’s real-estate fund, is out
Abraham Edgardo Ortega is one of nine people charged in the laundering scheme. (Getty, Department of Justice)
Former Venezuelan oil exec sentenced in $1B money laundering scheme
Former Venezuelan oil exec sentenced in $1B money laundering scheme
Mark Zuckerberg and Priscilla Chan (Getty, iStock)
Mark Zuckerberg nearly doubles Hawaii real estate holdings
Mark Zuckerberg nearly doubles Hawaii real estate holdings
The Montana property with director Robert Redford and star Brad Pitt. (Getty, Swan Land Company)
“A River Runs Through It” Montana ranch lists for $136M
“A River Runs Through It” Montana ranch lists for $136M
Protestors in support of street vendors gather in Hudson Yards on May 7, 2021 (Getty)
“More churros, less cops”: Vendors and Related face off
“More churros, less cops”: Vendors and Related face off
From left: 944 Fifth Avenue, 67-69 East 93rd Street and 15 East 88th Street (Google Maps)
Three Manhattan sellers aim high asking $25M+ for luxury pads
Three Manhattan sellers aim high asking $25M+ for luxury pads
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...