Tishman buys land under 600 Fifth Avenue for $165M, Trump unveils tower in Panama … and more

1. Foreclosures create ripple effect in neighborhoods nationwide [Fox]  

2. Tishman Speyer buys land under 28-story building at 600 Fifth Avenue for $165 million [Real Estate Weekly] 

3. Four-story building hits market at 37 Lafayette Street in Fort Greene, with plans for 56-room boutique hotel [Brownstoner]
4. $400 million Trump Ocean Club tower unveiled in Panama, Trump’s first international building [Yahoo] 

5. Downtown parents want soon-to-be-shuttered Borders location on Broadway to become annex for overcrowded Millenium High School [DNAinfo] 

6. Tips to keep in mind before switching homes [Post] 

7. AG’s office faced with abundance of complaints about construction defects [Brick Underground] 

8. Local farmer interested in using village-owned land parcel in Southampton [27 East] 

9. Sale of Harlem artist James Watson’s Chanticleer House on 115th Street hits public record [Harlem Bespoke] 

10. Dozens injured in motorcycle accident in Lincoln Tunnel [DNAinfo] 

11. Politician Harold Ford Jr. sells Flatiron co-op for $1.3M and buys $3.15M pad in Chelsea [Curbed] 

12. Defaults on U.S. commercial real estate mortgages fall, as prices recover [Bloomberg] 

13. Midtown business owners rally to reopen closed intersection at 33rd Street and Sixth Avenue [DNAinfo] 

14. City’s Public Design Commission approves plan for zero energy school in Staten Island [Curbed]