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New York

LI’s Titanic home is on the market, BofA’s home mortgage business gets cut 80 percent … and more

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1. 100-year-old LI home with architectural details reminiscent of Titanic is on market for $2.49M [Newsday]
2. Stagnant home market means $71B less in federal mortgage-related tax deductions [Bloomberg]
3. BofA underwrites 80 percent fewer home mortgages in first quarter [Post]
4. Willets Point officials and business owners protest use of federal funds for eminent domain [QChron]
5. Authorities dig for remains of boy killed in 1979 at 127 Prince Street’s basement [Post]
6. And the investigation conjures memories of old Soho [NYT]
7. Steven Roth said Vornado was too large to capitalize on falling commercial real estate prices [Bloomberg]
8. City’s finance department is “Department of Fantasy,” according to leader in fight against Queens property tax assessments [QChron]
9. City ignores federal demand to stop dumping raw sewage in Gowanus Canal [NYDN]
10. Bronx residents concerned about trash piling up around abandoned home owned by CN Direct Realty [NY1]
11. Bloomberg acquiesces to community pressure, backs off Fresh Kills waste plant [Post]
12. Nine attorney real estate team joins Herrick Feinstein [CityBiz]
13. Several contractors in Columbia University expansion project have checkered history [NYDN]
14. Dewey & Leboeuf considers prearranged bankruptcy, leaving it open to a merger [NYT]
15. Lenny Kravitz teams with Philipe Starck to design chairs for Kartell [Curbed]
16. A look around the world at some of the palaces and villas built by Soho-based designer Robert Couturier [NYDN]
17. Prosecutors request nine-year sentence for Carl Kruger, who took bribes from developers [NYT]
18. Tenants of soon-to-be-sold East Village building prepare fight against eviction [Local EV]
19. Mass promises of legal tactics to stall foreclosures are often scams [NYT]
20. National campaign transforms abandoned Queens home into pristine property [NYDN]
21. Broadway between Union and Madison squares contains some of city’s best retail architecture [NYT]