Fannie, Freddie may cost taxpayers $363 billion … and more

October 21, 2010 05:00PM

1. Federal Reserve Bank of New York faces conflict from mortgage buybacks [Bloomberg] 

2. Italian shirt maker Camicissima, and Aeropostale to open stores in Times Square [WWD]  and [WWD]
Fannie and Freddie may cost taxpayers up to $363 billion [Truth about Mortgage]
4. Foreclosures to hurt home prices in Long Island [Long Island Business News] 

5. Family blames Waldorf Astoria for bedbugs [WSJ] 

6. And City Council hearing on bedbug-related businesses draws few consumer complaints [WSJ]
7. Plus, how much does it cost to get your store inspected for bedbugs? [WWD via Racked]
8. Report on Aqueduct’s bidding process reveals insider trading and secret lobbying [NYDN] 

9. Stylist Lori Goldstein lists Hamptons house for $2.15 million [Real Estalker] 

10. Crosby Connection loses home at 45 Bleecker Street because of rent dispute [Eater] 

11. With the rise and fall of real estate prices, is Queens becoming more like Brooklyn? [AM NY]
12. TV chef Bobby Flay plans Burger Palace expansion over next 12 months [Eater] 

13. Fixed-rate mortgages increase, while adjustable-rate mortgages hit new lows [Truth about Mortgage] 

14. Foreclosure fiasco is not evidence of systemic issues: HUD [Housing Watch]
15. Knakal column examines the forecast for investment sales [NYO]
16. Crown Heights residents split over changing name of Franklin Avenue to “Panama Way” [NYDN] 

17. New Jersey office market is flat, with pockets of activity [Globe St] 

18. Terrorist motel to replace Islamic community center near Ground Zero? [NYO] 

19. New rental projects still offering concessions [Apple Peeled] 

20. Two Bronx high schools share crowded space after lawsuit [Tremont Tribune]