W Lexington Avenue is top hotel for affairs, Hooters is moving in across from Penn Station … and more

August 07, 2012 05:00PM

1. Freddie posts $1.2B net income for second quarter, does not request federal aid [AP via Crain’s]
2. Lexington Avenue W Hotel tops list of 10 best hotels for extramarital flings [Post]
3. Crane mechanic sentenced to a year of community service for his role in the 2008 East 91st Street crane collapse [AP via Crain’s]
4. DJ-inspired Hotel BPM now taking guests [Hotel Chatter]
5. Trulia chief economist says the housing recovery is finally consistent with fundamentals [CNBC]
6. Ohio congressman proposes bill limiting Section 8 vouchers to those who work at least 20 hours a week [Housingwire]
7. Hooters will occupy former Peep World space near Penn Station [DNAinfo]
8. City demands Ben Shaoul present daily timeline of work at East 12th Street renovation following stairwell fiasco [The Lo Down]
9. Quadriad Realty to submit revised plans for Washington Heights skyscrapers to city [DNAinfo]
10. Fort Greene conversion project at 123 Fort Greene Place now has a website [Brownstoner]
11. Pop-up room? IKEA sets up rooms in Tokyo alleys and underpasses [Curbed]
12. Residences atop Setai Fifth Avenue hosts reception tonight with Italian soccer team AC Milan [Hundred Stories press release]
13. How to play the volatile real estate market [Reuters]
14. Expensive therapy: why investing in a yacht is a good choice for the very stressed [WSJ]
15. Like they say, beauty is in the eye of the beholder: what $100,000 can get you in Philly [Curbed]