Luxury Manhattan market data resembles pre-Lehman rise, what became of NYC sites slated for Olympic development … and more

August 09, 2012 08:30AM

1. A look at what became of NYC sites slated for Olympic development [NYT]
2. Ryan Serhant lists his parents’ Colorado ski home for $2.45M [Post, 4th item]
3. On a per square-foot basis, Manhattan luxury home prices are beginning to show a pre-Lehman trajectory [Miller Samuel]
4. Brooklyn-based startups raised $50M in funding last quarter [Post]
5. City issues RFP for McCarren Pool food vendors [DNAinfo]
6. East Hampton man angers neighbors by inviting passersby to throw paint on his home [Fox News]
7. Buyer steps in to buy $4.475M Gainsborough unit on CPS ahead of Drew Barrymore and Will Kopelman [Post, 3rd item]
8. Tori Spelling and Nicky Hilton are among celebrities who live in modest homes [Forbes]
9. But Spelling’s mother, Candy, has begun shopping for $5M apartments on the UES [Post, 2nd item]
10. Extell and Carlyle’s Rushmore offering plan typo tops list of most fascinating real estate law cases since 2000 [NYO]
11. Because of underwater mortgages, housing recovery won’t accelerate despite tighter supply [Reuters via CNBC]
12. Citi launches program to allow distressed borrowers to sign over deed and rent back their homes [Citi press release]
13. Simon Property Group is sued over CEO pay; David Simon gets $120M in stock bonuses through 2019 [Bloomberg]
14. How downtown Brooklyn grew so quickly over the past decade [NYDN]
15. Elliman agents sell two Miami properties for $71.6M in sign of booming market [Post]
16. Pols slam lack of public review for costly City Island bridge [NYDN]
17. Empellon chef Alex Stupak tells how he landed in a one-bedrom in South Williamsburg [Post]
18. Macerich lands Forever 21 for struggling Atlas Park shops in Queens; more tenants could follow [NYDN]
19. Ex-wife of hedge funder Michael Levitt seeks buyer for $18.5M Alpine, N.J., home [Post, 5th item]