Future Palace Hotel owners plan major renovation, inside Dominique Strauss-Kahn’s house arrest pad … and more

May 23, 2011 08:44AM

1. Palace Hotel’s future owners plan major renovation [WSJ]
2. Photos: Inside 71 Broadway, where Dominique Strauss-Kahn is under house arrest [Gothamist]
3. Office landlords increasingly getting above $100 psf [Crain’s]

4. Restaurateur Steven Starr may be interested in buying Elaine’s, while Ken Friedman, Ken Aretsky and Graydon Carter demur [Post, 2nd item]

5. Tom Brokaw buys two-bedroom Upper East Side co-op [NYO]
6. Gowanus landmark, former Rat Pack hangout Monte’s Venetian Room to reopen under new ownership [Post]
7. Signs of reckless lending at NovaStar Financial went unchecked before its collapse, new book reveals [NYT]

8. Musicians evicted from rehearsal space of 22 years at 106 Rivington after landlord gets cited for violations [NYT]
9. New “MEGAMALL” documentary looks back at the controversy surrounding Nyack’s Palisades Center development [WSJ]
10. “Black Swan” director Darren Aronofsky checks out 487 Greenwich Street loft [NYDN, 1st item]
11. City cites illegal apartment buildings uncovered by news reports [NYDN]
12. Cap rates fall in NYC as inventory becomes scarce, CBRE says [WSJ]
13. Roosevelt Island developers no longer twisting buyers’ arms to get them to move there [Crain’s]
14. Restoration underway at crumbling Bannerman’s Island Arsenal on the Hudson River [NYT]

15. Craigslister offers to take over NYC real estate from those “saved” in last weekend’s Rapture [NYDN]

16. Uma Thurman rumored to have purchased new $20M West Village townhouse [NYDN, 3rd item]