Christie to offer low-interest financing in latest Xanadu rescue plan, Fannie and Freddie to restart foreclosure sales … and more

November 29, 2010 08:49AM

1. Setai group suing Setai Fifth Avenue over use of its name [WSJ]
2. Fannie, Freddie to restart foreclosure sales [Palm Beach Post]
3. Douglaston, TF Cornerstone, Related make the short list for Hunters Point South [WSJ]
4. Christie to offer low-interest financing in latest Xanadu rescue plan [NYT]
5. Poor U.S. housing figures take toll on copper prices globally [Commodity Online]
6. NJ broker pleads guilty to concealing thousands of dollars belonging to real estate mogul Solomon Dwek during bankruptcy case [Asbury Park Press]
7. New U.S. home sales fall by 8.1 percent in October [Wall Street Pit]
8. Apartment building sales market gets hotter nationwide [NYT]
9. Investors increasingly attempting to short sell home builder stocks [WSJ]

10. Columbus Circle Holiday Shops to return this week [My Upper West]
11. Brooklyn pols push for public promenade at exclusive Manhattan Beach [Post]
12. Little Neck’s Scobee Grill to close after 70 years [Queens Chronicle]
13. BofA’s post-Thanksgiving home loan interest rates increase slightly [Subprime Blogger]
14. Market for two-bedroom apartments in the city returns to its former glory [NYT]

15. Bronx apartment building fire leaves one dead, 130 homeless [NYT]
16. Critics slam proposed Borough Hall Skyscraper Historic District as overreaching [Crain’s]
17. Renovated Roosevelt Island tramway to reopen tomorrow [NYDN]
18. Nassau Street dive bar braces for impending gentrification as new developments rise nearby [NYT]
19. City eyes Jackson Heights private school’s backyard for extra parkland [NYDN]
20. Courtney Love wrote Elton John’s phone number on the kitchen wall of her Soho loft before selling it [Post]
21. FHA ups the ante on insurance premiums for mortgage borrowers [NYT]
22. Westchester developers turn to rentals and alternative financing sources to complete projects amid downturn [NYT]
23. Two Staten Island streets left ravaged by foreclosures [Post]
24. Newsweek moves to Lower Manhattan, the city’s soon-to-be publishing hub? [NYT]

25. Washington Heights’ “Pumpkin House” hits the market for $4M [WSJ]

26. City to auction off 21 Brooklyn single-family homes and co-ops tomorrow [Malcolm Carter]

27. Off-Track-Betting Corp. could run out of money next month without state bailout [NYDN]
28. Wealthy Americans opting to rent, not buy [CNBC]
29. Common problems with buying in new developments, and how to fix them [NY1]

29. In remembrance of Fifth Avenue‘s former Dodge mansion [NYT]