Employee spots bedbugs at Gramercy Park Hotel, Wells Fargo leases space at 120 Park Avenue … and more

January 25, 2011 05:09PM

1. Tenants of crumbling city-owned East Harlem building are fighting plans to sell it to a non-profit developer [DNAinfo]
2. Research firm Demographia ranks Hong Kong homes last in affordability worldwide [WSJ] 

3. Empty parcel on Maiden Lane in Lower Manhattan sells for $41.1M [Real Estate Weekly] 

4. Employee at Gramercy Park Hotel complains about spotting bedbugs [Gothamist] 

5. Private equity firm Kohlberg Kravis & Roberts renews and expands office space at 9 West 57th Street [Real Estate Weekly] 

6. Bay Ridge residents angered by overnight truck parking near Gowanus Expressway [NYDN] 

7. New rooftop restaurant with garden coming to Chelsea [Post] 

8. Bank of Tokyo expands to another floor at 1251 Sixth Avenue [Real Estate Weekly] 

9. Eighth city-sponsored incubator opens in Flatiron [WSJ] 

10. National Association of Realtors hosts first virtual town hall meeting [Speaking of Real Estate]
11. Wells Fargo leases hundreds of thousands of square feet at 120 Park Avenue [Real Estate Weekly] 

12. Community Board 3 votes to redevelop five blighted land parcels known as SPURA [Lo-Down] 

13. Regulators consider 20 percent down payment requirement for loans considered qualified residential mortgages [Housingwire] 

Pfizer taking 15,000 square feet at new Alexandria Center for Life Science on East Side [Crain’s]