Recovery comes slowest to U.S. cities with biggest housing boom, construction resumes at long-stalled Hotel Ludlow … and more

April 03, 2012 08:00AM

1. U.S. cities that flew highest during housing boom have fallen furthest in recovery [NYT]
2. Why the Census Bureau rejected Mayor Bloomberg’s recount bid and cost the city up to $7B [GlobeSt]
3. Chicago-based group expresses interest in saving Rockaway’s struggling Peninsula Hospital [NYDN]
4. Construction resumes at long-stalled Hotel Ludlow site [EVGrieve]
5. After fits and starts, Revel opens in Atlantic City to 5 a.m. gamblers [WSJ, 1st item]
6. Top floors of some historic co-ops, including 907 Fifth Avenue, maintain small apartments originally meant for servants [NYT]
7. Yankees-Cowboys-Goldman Sachs venture Legends Hospitality Management moves to 805 Third Avenue from Chrysler building [Post, 2nd item]
8. FHFA worries that debt forgiveness incentivizes default for non-distressed homeowners [WSJ]
9. Quaker group in Queens say construction workers on nearby lot destroyed a sacred cemetery [NYT]
10. Baseball fields on site of old Yankee Stadium open for first games [NYDN]
11. Apartment Therapy blog founders will divorce, leaving uncertain future for site [Post]
12. As federal regulators become more active, more community banks are switching to state charters [NYT]