Will Jon B. reopen the Juliet Supperclub? Schwarzman laments Blackstone’s “miserable” second quarter … and more

1. Stephen Schwarzman laments “miserable” second quarter as Blackstone Group reports 74% profit decline [Businessweek]
2. Audit of city HPD uncovers agency’s tactics of randomizing affordable-housing applications by shuffling them on floor, then putting them in garbage bags for random selection [John Liu press release]
3. Council Member Margaret Chin backs preservation efforts of Bialystoker Nursing Home in letter to LPC chair Robert Tierney [The Lo Down]
4. VE Equities makes promise to build the next 15 CPW on a Tribeca parking lot [REW]
5. City Department of Design and Construction presents plan for four-year project to replace water mains on lower Broadway[Downtown Express]
6. Megabus to move hub from Port Authority to Far West 34th Street following complaints [DNAinfo]
7. Steven Schnall’s 15 Leonard Street gets green light from LPC despite neighbor objections [Tribeca Trib]
8. Also in Tribeca, NBA player Richard Jefferson‘s $5M loft sale hits records [NYO]
9. Mortgage Resolution Partners head defends eminent domain mortgage plan in Q&A [WSJ]
10. A James Dyson Awards submission looks to create a building that doubles as residence and parking garage at alternating times of day [Fast Company]
11. Corcoran Sunshine Vice President of planning and design Elisa Orlanski Ours named one of Dwell Magazine’s 15 Women of Influence in the design community [Corcoran Sunshine press release]
12. British children’s wear designer Caramel Baby & Child inks 10-year lease to open first U.S. location at 1244 Madison Avenue [NYO]
13. Ariel Property Advisors markets 4,300-square-foot ground-floor condominium at 823 Classon Avenue in Brooklyn for community use for $750,000 [Ariel Property Advisors press release]
14. Things to look out for if you’re signing a commercial lease [Tribeca Citizen]
15. Will Jon B. reopen the Juliet Supperclub? [BlackBook]