Walmart needs New York, Zillow files for IPO … and more

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1. Anti-Walmart advocacy group says Walmart needs New York more than the city needs the retailer
[GlobeSt]

2. Vornado’s Steven Roth says ridding U.S. of Fannie Mae and Freddie Mac would be a mistake
[WSJ]

3. Fulton Mall Plaza in Downtown Brooklyn nears completion
[Brownstoner]

4. Grand Central Partnership renews lease for 3,800 square feet on ground floor of 380 Lexington Avenue
[Observer]

5. Zillow files for IPO hoping to raise $51.75M
[Yahoo]

6. Fed proposes “ability-to-repay” requirement, based on income and assets, for home loans
[WSJ]

7. How bad is it to live on the “quasi-highway” that is Fourth Avenue in Brooklyn?
[FIPS]

8. Even low-risk borrowers are having trouble taking out mortgages on homes because of tighter standards
[CNN]

9. Church of Scientology vacates 16 East 116th Street storefront
[Harlem Bespoke]

10. The structure set to hold the circa 1922 Jane’s Carousel in Brooklyn Bridge Park is complete [DumboNYC]
11. Trump says he would exchange his tax returns for President Obama’s birth certificate[WSJ]
12. Seven empty storefronts sit between First Avenue and Avenue A on 7th Street [EV Grieve]