Apple looks to open in Grand Central, NYC has lowest vacancy rate … and more

1. Apple looks to open store in Grand Central Terminal [NYO]
2. A look at the city’s one million rent-stabilized apartments [NYT]
3. Developer FLAnk’s latest deal at West 12th Street building signals recovery in New York’s residential market [WSJ]
4. East Harlem small business owners fight city to retain control of property [NYT] 

5. Buyfolio launches new online listings database [Brick Underground] 

6. TF Cornerstone plans to finish fourth residential tower in Long Island City by 2013 [NYT] 

7. Examining designer Elie Tahari’s plans for his $4.2 million unit at 860 Fifth Avenue [NYO] 

8. NYC boasts nation’s lowest vacancy rate in 2010 [Crain’s] 

9. Hyatt 48Lex aims to open in April [Hotel Chatter] 

10. A-Rod and Cameron Diaz rumored to be apartment-hunting in West Village [Curbed] 

11. Hell’s Kitchen building at 505 West 37th Street chosen to house cast of Bravo’s “The Fashion Show” [NYDN] 

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12. Andrea Balazs spotted at Super Bowl in Dallas with girlfriend Chelsa Handler [Post]
13. Five commercial real estate trends to look out for in 2011 [Agent Genius] 

14. Houston-based real estate brokerage opens office in Manhattan, its 28th outpost in the country [Crain’s] 

15. New renderings revealed for LES’ Allen Street Hotel, which is capped at 16 stories [Bowery Boogie]
16. Parents concerned about safety from construction at P.S. 91 in Hell’s Kitchen [DNAinfo] 

17. A satellite look at the world’s biggest slums [Business Insider]

18. Rising rents could spark inflation [Daily Finance] 

19. “Dora the Explorer” co-creator Eric Weiner and his wife list Ariel West apartment on UWS for $5.9 million [Curbed] 

20. Economist David Lynn outlines top 10 challenges facing commercial real estate in 2011 [NREI Online]