Mo Vaughn buys two more Bronx affordable housing buildings, brokers salivating over fraudster’s duplex on Park Ave. … and more

December 15, 2010 05:11PM

1. Mo Vaughn buys two more affordable housing buildings in the Bronx [Crain’s]
2. Willets Point business owners claim city raid was motivated by real estate interests [Queens Gazette]
3. As feds prepare to sell fraudster’s prized 770 Park Avenue duplex, brokers salivate [NYO]
4. Soho’s Classic Car Club to open UES branch [Guest of a Guest]
5. Coney Island’s Shore Theater gets landmark designation [NYT]
6. SL Green’s grip on NYC office assets deemed octupus-like [NYO]
7. Third quarter brings 40 percent spike in U.S. mortgage-related lawsuits [National Mortgage News]
8. New York beating California in subprime and Alt-A delinquency rates, report shows [HousingWire]
9. With unemployment high, pay-per-use commercial kitchen thriving in Long Island City [NYT]
10. Knicks owner Charles Dolan buys $2.25M FiDi condo [NYO]
11. Williamsburg’s Pies ‘n’ Thighs to open Chinatown pop-up shop [NYT]
12. Meanwhile, CookieBar will return, briefly, with another pop-up shop at 39 White Street [Village Voice]
13. Housing crisis being overlooked, columnist says [MarketWatch]
14. Should the Fed buy more mortgage bonds to keep yields down? [The Atlantic]

15. Up close and personal with Nouriel “Dr. Doom” Roubini [The Telegraph]
16. And, Roubini shares his economic outlook for 2011 [Telegraph]
17. Strikingly-low appraisals becoming the sticking point in home purchase deals [Reuters via MSNBC]

18. U.S.’ lingering financial problems rooted in having assumed bank liabilities, blogger says [Gonzalo Lira]

19. Yields on REIT debt issues now at 2007 levels [Bloomberg via Yahoo Finance]
20. Obama tax cut plan would curb estate taxes [CNBC]