Rental market booming in Westchester, distressed properties push home prices down another 5.7 percent … and more

April 22, 2011 08:36AM

1. Eighteen Mercedes House units rented within a week of hitting the market [NYT]
2. Residents, advocates continue anti-Walmart campaign as Related’s Gateway Center purchase awaits mayoral approval [Brooklyn Paper]
3. Long Island developers scale back megaprojects in response to community resistance [NYT]
4. DoBro’s the Addison hits the market with rentals starting at $1,865 per month [Curbed]
5. Jodi Pulice, of JRT Realty Group, opens up on women and minorities in the real estate industry [NYT]
6. Flushing’s One Fulton Square complex breaks ground [Post]
7. Former Newark car showrooms to be converted into apartments [NYT]
8. East 125th Street gets a boost from new retailers [WSJ]
9. In Westchester, slow recovery makes way for booming rental market [NYT]
10. Community Board 2’s land-use committee approves Boerum Hill rezoning proposal [Brownstoner]

11. Supervisor ordered that standpipe supports be removed prior to Deutsche Bank building fire, worker testifies [NYT]
12. Distressed properties push U.S. home prices down 5.7 percent in February: FHFA [Bloomberg]

13. A look back at the history of Fifth Avenue‘s restored Knox Hat Building [NYT]
14. Rabbi brought in to mediate in lawsuit over Serge Hoyda’s stalled 180 Ludlow project [The Lo-Down]
15. Late mortgage payments, short sales, foreclosures and their effects on credit scores [NYT]