Sitt wins Brooklyn apartment in foreclosure auction, what NYC real estate bigwigs want for Christmas … and more

Asphalt Green in Battery Park City

1. Joe Sitt returns to modest roots with $5.4M purchase of Brooklyn apartment building in foreclosure auction
[WSJ]
2. State Sen. Carl Kruger is expected to plead guilty to corruption charges today
[Post]
3. Multi-family owner purchases property at Avenue C and 9th Street for $9.7M
[EVGrieve]
4. Delinquency rates on U.S. industrial properties hits 22-year high at 12.05 percent
[Bloomberg News]
5. EDC launches annual fashion competition where winner gets $175,000 for a pop-up shop
[DNAinfo]
6. What the city’s biggest real estate players are hoping to find under their Christmas trees
[Post]
7. Forest Hills residents complaining about LIRR noise wish they had Wiener to advocate for them
[NYDN]
8. Opening of Battery Park City’s Asphalt Green community center is delayed — again
[DNAinfo]
9. Low-key bar Richlane opens off Bedford Avenue in Williamsburg
[Gothamist]
10. About 2,000 non-profits could lose their property tax exemptions
[Post]
11. Economists predict today’s home starts report will show November increase
[Bloomberg News]
12. Bronx environmentalists launch greenway initiative along the Harlem River
[NYDN]
13. Already hated by neighbors, UWS restaurant Papasito now owes landlord $27,000 in rent
[DNAinfo]
14. Elsewhere, a Hell’s Kitchen small plates restaurant, closes one year after opening
[Eater]
15. Parks in Canarsie and Flatlands get lowest grades in city
[NYDN]