Savanna acquires leasehold at 576 Fifth Avenue, NYC approaches another new development boom … and more

May 02, 2012 08:00AM

1. Savanna acquires long-term leasehold on 576 Fifth Avenue [Post, 2nd item]
2.  Stephen Kleigerman, head of Halstead and BHS development marketing, says there’s now another development boom [NYT]
3. Rockaway residents lose thousands as rent-to-own deal is undone by building foreclosure [NYDN]
4. A video tour of the under-construction 9/11 Museum [YouTube]
5. Vanity Fair editor Graydon Carter’s Beatrice Inn revamp will launch this month [Post]
6. Repaired Whitestone property becomes political battleground as officials fight for credit [NYDN]
7. Jim Leslie, formerly of the Dallas-based Staubach Company, is named CEO of Cresa Partners [NYO]
8. And Grubb & Ellis team’s move to Newmark highlights three more big recent broker transitions [Post, 6th item]
9. Lewis Ranieri calls for end to tax breaks on second-home mortgages [Bloomberg]
10. DKNY renews lease for 655 Madison Avenue flagship [Post, 4th item]
11. George Soros’ attorney wants judge to dismiss ex’s $10M lawsuit over NYC condo promise [NYDN]
12. Tiled “Hot Bagels” column is last remnant of gutted UWS H&H Bagels [West Side Rag]
13. Online retailer Ideeli takes full third floor of 1385 Broadway [Post, 5th item]
14. PulteGroup survey finds most renters wish they were homeowners [WSJ]
15. Burned once by development group, Bushwick is hesitant to give tax dollars for affordable housing [NYDN]