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A&P plans 32-store closure in NY/NJ, more retirees picking the city to live in during their golden years … and more
1. Condominium conversion the Residences at 36 Gramercy Park East raises prices on units by as much as 23 percent [Crain’s]
2. Grocery store chain A&P plans to close 32 locations in New York and New Jersey, following December bankruptcy filing [WSJ]
3. Ark Investment Partners expected to net more than $500,000 a room on 350-unit portfolio sale [Crain’s]
4. Soho residents fighting back against proposed business improvement district [Villager]
5. Developer of 327-unit Downtown Brooklyn rental tower denies requests to construct community space and to hire more minority- and women-owed businesses [NYT]
6. Upper West Side senior center faces possible closure as funds dry up [MyUpperWest]
7. Renderings of NYU public space plan revealed amid development controversy [Villager]
8. Full-floor unit at Richard Meier’s 165 Charles Street asking $14 million [Curbed]
9. Breast-feeding speciality store in feud with UWS condo board [NYT]
10. Park Slope’s Bergen Street retail district sees rebirth [WSJ]
11. Federal Housing Administration Commissioner David Stevens to step down in April [WSJ]
12. Chipotle founder sells Greenwich Village pad at 147 Waverly Place for $6.1 million [Curbed]
13. Atlantic Yards demolition continues with gas station dismantling [Brownstoner]
14. February sees 27 percent drop in number of foreclosures nationwide, compared to 2010, marking single largest year-over-year foreclosure decline on record [CNNMoney]
15. More retirees picking New York City to live in during their golden years [NY1]
16. “Saturday Night Live” writer Simon Rich buys $1.198 million Brooklyn Heights townhouse [NYO]
17. House Republicans angle to end Obama foreclosure-prevention programs [WSJ]
18. Donald Trump and Georgian President Mikheil Saakashvili strike deal to build two largest towers in country for $300 million [CelebrityCafe]
19. Fifty-percent property tax cap passed in Queens following public outcry over proposed 146-percent tax bump [HabitatMag]