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New York

Buyer walks away from deposit on $18.5M foreclosed penthouse at Trump International Hotel … and more

1. Buyer walks away from deposit on $18.5M foreclosed penthouse at Trump International Hotel [Post, 3rd item]
2. Family of Brooklyn toddler who fell from rooftop plans to sue building owners [NYDN]
3. Blackstone REIT buy and new partner at Macklowe’s Drake site seen as signs of life in investment property market [WSJ]
4. Lionel Pincus’ former 733 Park Avenue home on the market for $12.5M [Post, 4th item]
5. Lennar posts unexpected fourth-quarter profit — company’s first since 2007 [Bloomberg]
6. Country singer Shania Twain eyes $3.3M apartment at 254 Park Avenue South [Post, 2nd item]
7. Lenders feeling the heat on principal mortgage reductions [Bloomberg]
8. For husband-wife Elliman agent pair, combining their own Riverside Drive co-ops no easy task [Post]

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9. Fewer Americans can relocate to find employment with housing prices at current low [Bloomberg]