Co-op set to hit market with $72 million asking price, more REITs finally form single-family rental funds … and more

May 17, 2012 08:00AM

1. A 7,500-square-foot co-op at 828 Fifth Avenue will soon hit the market asking $72M [Post, 3rd item]
2. More investors create single-family rental REITs [WSJ]
3. Telecommuting is still years away from affecting the city’s office leasing market, experts say [GlobeSt]
4. Eddie Murphy sells massive N.J. estate, which once asked $30M, to mystery buyer for $12M [Post, 2nd item]
5. Columbia’s upzoning for its campus expansion compelled city to propose downzoning much of West Harlem [NYDN]
6. Meg Ryan’s home search included the Tribeca townhouse where Dominique Strauss-Khan famously stayed [Post, 4th item]
7. Ed Malloy, leader of local construction trades councils, dies at 77 [Crain’s]
8. Pinnacle Realty tears down beloved Bob Marley mural in Crown Heights ahead of development [DNAinfo]
9. Carlton Avenue Bridge near Atlantic Yards could be delayed [AY Report]
10. David Duchovny checks out $4.27M, 2,700-square-foot Eldorado co-op [Post, 1st item]
11. Investment companies covet land near Tuscon, Ariz. to store retired planes [NYT]
12. Williamsburg residents fight new bar planned by owner of “over the top” LES night spot Mehanata [NYDN]
13. Inside Broadway star Kelli O’Hara’s Upper West Side digs [Post]