Starchitects bring big returns to residential developers, Fed about to buy $545B in mortgage securities … and more

November 28, 2011 08:26AM

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New developments along Riverside Boulevard South

1. Choosing “starchitects” to build residential yields big returns
[Crain’s]

2. Housing prices still have a long way to fall in Canada, Britain, Spain and other major countries
[Economist]

3. Unapproved coal-fire oven installation compels DOB to issue stop-work order for Grimaldi’s new space
[Post]

4. As money managers carve larger presence in real estate market, institutional investors are more vulnerable to risk
[PIOnline]

5. Despite big money repairs, many high-violation public housing buildings remain on “worst of the worst” list
[NYDN]

6. City’s removal of 72nd street barricade on Riverside Boulevard
reignites battle between Riverside South and other Upper West Side
residents
[NYT]

7. Neither Coach’s Hudson Yards deal, nor Vornado backing away from Port Authority signify imminent boom or bust
[Crain’s]

8. Shortage of inventory has Lenox Hill housing prices defying recession
[WSJ]

9. Bond dealers say Fed is on the verge of purchasing $545B in mortgage securities
[Bloomberg News]

10. Glendale, Queens is attracting more retail and thus, more real estate recognition
[NYT]


11. Inside Hillary Swank’s West Village apartment
[NYDN]