City Planning unveils some details on Midtown East rezoning proposal, Lower East Side offers New York’s best values … and more

1. Cuozzo: LPC’s landmarking zeal has upset subtle development balance pushed by Mayor Bloomberg [Post]
2. City Planning, Bloomberg administration unveil some details of Midtown East rezoning proposal [NYO]
3. Lower East Side provides the best value, according to a list of the best of New York real estate [NYDN]
4. Investment funds are picking up more home mortgages in anticipation of QE3 [Bloomberg]
5. Investors hesitate to buy CMBS as they fear rates will rise [WSJ]
6. NYC woman sues government after paying $500,000 in property taxes because her life-long partner was not recognized as spouse [NYT]
7. At 43,000, homeless shelter population reaches new high in April [NYDN]
8. Westchester home fire that killed mother, father and sisters was started by son’s cigarette [Post]
9. In 1885, the Times demanded legislation to prevent 10-story buildings [NYT]
10. Discount carrier Megabus gets booted from Port Authority Bus Terminal [Crain’s]
11. Vegan soul food restaurant to Open On Frederick Douglass Boulevard in Harlem [NYDN]
12. With Bruce Ratner on hand, Barclays Center tries to become gospel home of NYC [DNAinfo]
13. Kickball league pushes city to add grills to McCarren Park in Williamsburg [Brooklyn Paper]
14. Mortgage preapproval is a big advantage as bidding wars become more common [NYT]
15. U.S. household net worth increased by largest amount since 2004 [Bloomberg]

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