Port Authority ruled not responsible for 1993 WTC bombing, Sam Zell says distressed deals are vastly overpriced … and more

September 23, 2011 08:28AM

1. Sam Zell says every distressed deal he’s seen has been overvalued by 25 to 40 percent
[Bloomberg News]

2. Port Authority ruled not responsible for 1993 WTC bombing
[NYT]

3. Housing lobby experiences rare defeat in new conforming loan limit
[WSJ]

4. Across America it’s a tale of two housing markets
[BusinessWeek]

5. Brooklyn College breaks ground on new athletic facility [Post]
6. Chelsea’s Lukoil gas station repurposed into art gallery
[InHabitat]

7. Formerly positive, JPMorgan reverses course on construction sector
[WSJ]

8. Inside ad agency Grey’s Madison Square Park offices
[Media Bistro]

9. What buyers should look for in lenders [NYT]
10. Groundbreaking for senior housing facility in Howard Beach, Queens slated for this fall
[Queens Chronicle]

11. In praise of Orchard Beach in the Bronx
[NYT]

12. Luxury NYC homes are still being flipped for quick profits
[WSJ]

13. Neighbors urge reluctant Queens homeowner to remove felled tree from house [Post]
14. “Boardwalk Empire”-era Atlantic City still exists if you know where to look
[NYT]