Israeli investor to get long-term ground lease on prime Chelsea development … and more

1. Israeli investor Jonathan Leitersdorf to get long-term ground lease on prime Chelsea development for Skybox event space [Post, item 1]
2. Walmart donates $4 million to city program that finds jobs for young people [NYT]
3. NBC Chief Stephen Burke actually bought three apartments at 40 CPW [WSJ]
4. Pink Stone Capital buys the $9.2 million note on 174-180 Nassau Street in Brooklyn [Post, 2nd item]
5. French tourists snap photos of Dominique Strauss Kahn’s Tribeca townhouse [NYT]
6. Technology companies lead recovery in office rents [Bloomberg]
7. More than $700 million in new construction projects underway in Newark [NYT]
8. Sierra Realty and partners Jeff ad Larry Farkas buy three-building Bronx portfolio for $15.5 million [Post, 3rd item]
9. People go crazy for Coney Island Pier, law enforcement doesn’t step in [NYDN]
10. Jewelry maker Micki Ravitz lists inspirational Connecticut hideaway for $1.195M [NYT]
11. Roach- and rodent-infested East Village sushi joint continued to serve over Independence Day despite being shut by health inspectors [Post]
12. Rise of 1 WTC sparks retail revival [NYT]
13. Housing recovery stymied by government’s contradictory actions [Bloomberg]
14. Units at 1212 Fifth Avenue hit market starting at $735,000 [Curbed]

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