Savanna “loves” downtown NYC, why the city should replace Related and Sterling with local developers at Willets Point … and more

May 23, 2012 08:00AM

1. John Paulson and Steve Schwarzman feud over bankrupt west coast hotels [Post]
2. Savanna founder Christopher Schlank says firm “loves” the downtown NYC market [NYT]
3. City should allow locals to redevelop Willets Point to build a neighborhood with character [NYDN]
4. The Plaza’s expanded Food Hall opens today [Post]
5. Toll Brothers beats expectations as demand for their homes increases [Bloomberg]
6. Bruce Ratner scraps incentives, like free MetroCard for ticketholders, to take public transit to Barclays Center [Post]
7. Instead, Barclays Center cuts parking spaces, increases bus and train service, to “scare away” drivers [NYT]
8. Lincoln Center neighbors continue to fight to for public park that’s constantly off limits [DNAinfo]
9. What police found inside the Chinatown gambling den they raided [Post]
10. Bronx pols say FreshDirect’s move will bring too much truck congestion to changing South Bronx [NYDN]
11. Mayor Bloomberg regularly uses 34th Street heliport after hours, angering neighbors [Post]
12. Income disparity in the city is nearly twice the national average [NYDN]
13. BofA to repurchase $330 million of home loans from Freddie Mac [Bloomberg]
14. Rudy Giuliani’s law firm chosen to rework financing for controversial Yankee Stadium parking [NYDN]
15. State takes control of the New York Racing Association [NYT]