Hotel employees get big raises, Trump lands $200M D.C. hotel development deal … and more

February 08, 2012 05:00PM

1. Trump lands deal for $200M redevelopment of D.C.’s historic post office into luxury hotel [Post]
2. NYC’s hotel operators agree to give pay raises, better benefits and panic buttons to hospitality workers [NYT]
3. Fannie Mae nearly launched a mortgage principal write-down program in 2010 [WSJ]
4. Sale of Elaine’s restaurant closes for $8M [NYO]
5. Rounding up the bevvy of new developments and commercial leases in Astoria [QGazette]
6. Municipal agency that oversees Lower Manhattan development cuts five of seven staffers [Downtown Express]
7. To cure Penn Station, MSG must be moved to Javits Center, architecture critic says [NYT]
8. Mortgage controversy will bring booming bank stocks back to earth [Forbes]
9. Rather than moving to New York, Financial Times publisher will open new offices in Hoboken [Bloomberg]
10. Study finds MegaBus fleet is too heavy to legally use Manhattan streets [DNAinfo]