RFR set to resume 610 Lexington Ave. development, construction equipment slams into Brooklyn Bridge … and more

New York /
Mar.March 14, 2012 08:00 AM

1. RFR recaps 610 Lexington Avenue, paves way for continuing construction on stalled development site [Post, 3rd item]
2. A crane being pulled by an East River tugboat destroys scaffolding under the Brooklyn Bridge [NYDN]
3. AG Eric Schneiderman strikes side agreement with JPMorgan and Citi, ensuring they will proactively reach out to underwater borrowers eligible for loan modifications [WSJ]
4. Schneiderman also gets five major banks to pay the state $25M over their use of the MERS database [Bloomberg]
5. State Senate’s latest proposal would diminish MTA funding, threaten Second Avenue Subway construction [Post]
6. Former Lehman exec fails to pay taxes on $35M Fairfield, Conn. estate, which could be sold at auction [Bloomberg]
7. With dysfunctional computer system, NYCHA manages to do the impossible: align tenants and landlords [NYDN]
8. Steelworks Lofts in Williamsburg secures $28.4M loan to start construction [GlobeSt]
9. Construction worker advocates urge Scott Stringer to approve NYU expansion plan [DNAinfo]
10. Worker at 2008 UES crane collapse site claims in court he couldn’t compute basic math necessary to evaluate safety [NYT]
11. And the crane’s mechanic was working with pieces from China with instructions he couldn’t read [Post]
12. NYC Industrial Development Agency will give $4.5M in tax breaks for construction of new grocery store in Williamsbridge “food desert” [NYDN]
13. Sephora close to inking for 6,500 square feet at retail center under development at Brooklyn municipal office building, called Brooklyn Heights Plaza [Post, 2nd item]
14. Queens Borough President prioritizes six endangered senior centers and four firehouses in budget priority list [NYDN]


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