Hudson Square is the new Madison Avenue, UES madam’s lawyer puts up $2.5M Tribeca condo as collateral … and more

March 12, 2012 08:00AM

1. Price gap is widening between office space on the lower floors and upper floors of Midtown buildings [Crain’s]
2. Alleged UES madam’s lawyer puts up $2.5M Tribeca condo as collateral to free client [Post]
3. Meanwhile, alleged madam claims UES sublet was crash pad for many mistresses [Post]
4.Hudson Square is the new Madison Avenue,” Colliers broker says [WSJ, 1st item]
5. Public notice in the Post solicits operator for Union Square cafe [EVGrieve]
6. A second taxpayer-funded, recently built Jamaica business incubator remains largely empty, proves to be a failure [Post]
7. Soros offers $250,000 to cousin of ex-girlfriend, in hopes of persuading her to drop $50M suit over apartment purchase agreement [NYDN]
8. Community Board 2 is making a mistake by rejecting NYU expansion and thousands of jobs it would create: editorial [Crain’s]
9. Monthly artisan and ethnic food market to open in Sunnyside next month [NYDN]
10. Unstable chimney forces evacuation of 13-unit Williamsburg apartment [DNAinfo]
11. Two East 4th Street townhouses that failed to obtain landmark designation are transformed into one, new apartment building [EVGrieve]
12. $12M city project aims to build green infrastructure around Gowanus Canal, Flushing Bay and Newton Creek to prevent sewage overflow [NYDN]
13. Shoe retailer DSW expands in Midtown, and into former UWS Filene’s Basement location [DNAinfo]
14. Business is beginning to return for U.S. real estate brokerages [AP]
15. Real estate author Michael Gross calls Palm Beach a cleaner version of Southampton [Crain’s]
16. Tenafly, N.J.’s well-regarded schools draw young families and NYC commuters [WSJ]