Moody’s reports first monthly commercial property price increase since Sept. 2008, Joe Sitt backtracks … and more

1. Moody’s reports 1 percent month-over-month commercial property price increase for first time since September 2008 [CRE Console] 
2. Paterson admits AEG not first choice for Aqueduct [NYDN]
3. Nouriel Roubini balks at “Dr. Doom” nickname, voters pick “Roubini the Realist” as new moniker for the famed economist [CNBC] 
4. Lower East Side co-op installs hourly car rental program to combat parking congestion [NYT]
5. Tribeca residents protest installation of proposed sanitation garage [DNAinfo] 
6. Joe Sitt backtracks on NYU Red Hook housing claims [Curbed] 
7. First Catholic school in NYC set to shutter [NYDN]

8. A look inside MTA tunneling effort to create LIRR hub [WNYC] 
9. Former State Assembly member Anthony Seminerio sentenced to six years in prison [NYT]
10. In wake of Cuomo’s pursuit, tenants announce they’ll sue Vantage Properties, too [NYDN]
11. State Assembly speaker Sheldon Silver rails against Aqueduct pick [Post] 
12. World’s first seven-star hotel built in Dubai [NYMag]
13. NYC cupcake phenom Magnolia opens Dubai outpost [NYT] 
14. Floor plans for new Pulino restaurant revealed [NBC]
15. Kelsey Grammer apartment hunts in Manhattan [Post]
16. Home decoration: simple, and on a budget [NYT]