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]


Related Articles

arrow_forward_ios
(Image by Wolfgang & Hite via Dezeen)

Hudson Yards megadevelopment inspires a new line of sex toys

Hudson Yards megadevelopment inspires a new line of sex toys
Cammeby's International Group founder Rubin Schron and, from top: 194-05 67th Avenue, 189-15 73rd Avenue and 64-05 186th Lane (Credit: Google Maps)

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio
Wendy Silverstein (Credit: Getty Images)

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out
Gov. Andrew Cuomo (Getty, iStock)

State proposes zoning override for commercial-to-resi conversions

State proposes zoning override for commercial-to-resi conversions
President Joe Biden (Getty; iStock)

Biden to extend limits on evictions, foreclosures

Biden to extend limits on evictions, foreclosures
Gene Martinez (Compass)

Gene Martinez, early Compass recruit, dies

Gene Martinez, early Compass recruit, dies
(Photo illustration by The Real Deal)

This office redeveloper is going all in

This office redeveloper is going all in
Vijay Dandapani, president & CEO, Hotel Association of New York City (Getty)

Hotel owners ask NY for break on tax penalties

Hotel owners ask NY for break on tax penalties
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...