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

Dec.December 20, 2011 08:23 AM
Asphalt Green in Battery Park City

1. Joe Sitt returns to modest roots with $5.4M purchase of Brooklyn apartment building in foreclosure auction

2. State Sen. Carl Kruger is expected to plead guilty to corruption charges today

3. Multi-family owner purchases property at Avenue C and 9th Street for $9.7M

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

6. What the city’s biggest real estate players are hoping to find under their Christmas trees

7. Forest Hills residents complaining about LIRR noise wish they had Wiener to advocate for them

8. Opening of Battery Park City’s Asphalt Green community center is delayed — again

9. Low-key bar Richlane opens off Bedford Avenue in Williamsburg

10. About 2,000 non-profits could lose their property tax exemptions

11. Economists predict today’s home starts report will show November increase
[Bloomberg News]

12. Bronx environmentalists launch greenway initiative along the Harlem River

13. Already hated by neighbors, UWS restaurant Papasito now owes landlord $27,000 in rent

14. Elsewhere, a Hell’s Kitchen small plates restaurant, closes one year after opening

15. Parks in Canarsie and Flatlands get lowest grades in city

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