NYC’s HPD sits on $17M in unaccounted for city funds, investors propose plans to FHFA to rent out foreclosed homes … and more

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The penthouse at 25 Bond Street

1. FHFA receives 439 proposals, many from large investors, for plan to rent out homes seized by Fannie and Freddie
[Bloomberg]

2. Comptroller John Liu’s audit finds city’s HPD held on to $17M in funds without any oversight
[NYDN]

3. Inside the 25 Bond Street penthouse Jessica Simpson reportedly has her eyes on
[Trulia blog]

4. The big winners in NYC real estate this year
[Post]

5. BHS’ Shlomi Reuveni has run three projects in 2011 for a total of $800M in sales
[NYT]

6. Fulton Street water main work gets delayed — again — to protect landmarked building
[DNAinfo]

7. Poll shows New Yorkers largely support office cleaners threatening strike
[NYDN]

8. Inside the new Hotel Lola at the site of The Former Martha Washington Hotel For Single Women On East 29th Street
[DNAinfo]

9. Flushing mainstay Palace Diner is closing
[NYDN]

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