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Rent board’s 4% hike will “plunge” buildings into distress: landlordsRent board’s 4% hike will “plunge” buildings into distress: landlordsH-E-B snags 21 acres in Celina, hinting at development boomH-E-B snags 21 acres in Celina, hinting at development boomMacerich faces “imminent” default on $300M Santa Monica Place loanMacerich faces “imminent” default on $300M Santa Monica Place loanBanks settle with SF landlords rather than own vacant officesBanks settle with SF landlords rather than own vacant offices
New York

St. Mary’s Hospital for Children preps for $114M expansion … and more

1. St. Mary’s Hospital for Children in Queens preps for $114M expansion [Crain’s] 

2. Woman who paid $500,000 for two-week Hamptons rental is chased by suitors [Post] 

3. Department of Housing and Urban Development to investigate lending practices [NYT] 

4. Ennio & Michael restaurant in West Village likely to close by Fall [NYT] 

5. Designer clothing store Lanvin to open first New York location [WWD] 

6. Lady Gaga spotted house-hunting at West Village condo at One Morton Square [Post, 1st item] 

7. Gansevoort Park Avenue hotel slated to open Aug. 2 [Hotel Chatter] 

8. The Douglass condo in Harlem receives TCO [Harlem Bespoke] 

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9. Starwood Hotels & Resorts’ net income falls 15 percent in Q2 [AP via News Tribune] 

10. HuffPo editor Arianna Huffington buying NYC home [Gawker] 

11. Developer Aby Rosen’s RFR Holdings digs up cemetery while building $600M hotel in Israel [NYDN] 

12. Setai Fifth Avenue‘s Italian restaurant named Ai Fiori, to open in Fall [NYT via Grub Street] 

13. Family-owned Tin City drugstore to open in Bed-Stuy on Sunday [Racked] 

14. Former Marx Brothers’ residence on UES denied landmark designation [Curbed] 

15. Fastest growing national retailers maintain expansion targets: RBC Capital [Retail Traffic]