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S&P rates subprime mortgages higher than U.S. credit, designers flee the Garment District … and more

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1. S&P rates subprime mortgages higher than U.S. credit rating [Bloomberg]
2. T.J. Maxx to open at 14 Wall Street in the fall
[Post, 2nd item]
3. Designers ditch the Garment District, while preservationists battle to save it
[DNAinfo]
4. The final price for the Carlyle Hotel was $319.4 million
[Post, 4th item]
5. Fifth Avenue Uniqlo flagship rendering revealed
[Curbed, 1st item]
6. Couple stopped from renovating accused murderer Robert Durst’s former penthouse
[NYO]
7. Bank of America sued by homeowners over $8.5 billion settlement
[Bloomberg]
8. Experts say speeding up foreclosures will help the housing market
[CNN]
9. College students make use of tiny houses
[NYDN]
10. Designers submit plans for sprawling estate in Bridgehampton
[WSJ]

11. Surges of gentrification in Crown Heights
[NYDN]