IStar raises $2.95B in financing, the story of architect Robert Scarano’s secret bathroom … and more

New York /
Mar.March 18, 2011 04:58 PM

1. Throughout the 2000s, architect Robert Scarano allegedly manipulated zoning laws and quietly built huge buildings in Queens and Brooklyn neighborhoods
[NYT]

2. IStar secures $2.95B in financing to help pay its nearly $3.2B debt due in the first half of 2011
[Reuters]

3. The unfinished Allen Street Hotel at 138 Allen was put up for sale by Misrahi Realty Corp.
[Lo-Down]

4. NY real estate negotiations could become less tenuous this spring as buyers and sellers adjust to market realities
[The Apple, Peeled]

5. Military families have a lot of unique factors to weigh when deciding whether to rent or buy.
[Navy Times]

6. The Bridgehampton Fire Dept. may spend $8M-$9M to add a second story to its lone firehouse
[27east]

7. Instead of raising local property tax for residents, a Greenburgh, NY official wants to increase hotel tax
[CBS]

8. Southampton will update its ‘historic district’ and could designate more properties as histori[Patch]
9. Construction to connect Fleet Street with Myrtle Avenue in Brooklyn should be complete in the coming weeks
[Brownstoner]

10. The once downtrodden Bowery has become desirable and condos now command more than $2,000 per square foot [NYT]


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