Joseph Moinian’s 17 Battery Place South loan heads to servicing, Vornado considers drastic changes … and more

New York /
Apr.April 16, 2012 08:00 AM

1. Saunders real estate broker accused of holding back six figures worth of luxury goods to prevent ex-husband from opening planned Southampton store [Post]
2. Moinian faces special servicer over $95M loan at 17 Battery Place South [WSJ, 2nd item]
3. Best Buy in East River Plaza is only New York store facing closure [Post]
4. Larry Silverstein is one of five NYC developers older than 70 making waves in the industry [Crain’s]
5. Murray’s Cheese to open West Village wine and cheese bar [Post, 1st item]
6. Interviews with brokers, buyers, sellers and economists reveal increasing confidence is increasing and U.S. housing market is finally recovering [AP]
7. Vornado considers drastic changes as share prices continue to disappoint [Reuters]
8. Blackstone buys 65 U.S. warehouse properties for $770M [Bloomberg]
9. With improving economy planned 40 luxury homes could finally come to SI’s former “Spanish Camp” bungalow community [NY1]
10. New Italian restaurant readies for Excelsior hotel retail space [Post, 2nd item]
11. One year after opening first Lafayette Street clothing boutique, couple has six more in the works [DNAinfo]
12. Massive fire destroys seven Catskills buildings on old Brown’s Hotel site [NYT]
13. Four-alarm fire rages through four Morris Park buildings, injures 22 [Post]
14. Seven ways renting in NYC is unique from the rest of the country [AGBeat]
15. Experts don’t see U.S. economy faltering as it did last spring [Bloomberg]
16. Frank Gehry builds Hong Kong’s priciest rental building [Bloomberg]
17. Amid closing of LIC’s St. Raphael School, diocese reconsiders education approach [Crain’s]


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