The Real Deal New York

Out-of-control Second Ave. Subway blast damages 72nd Street, SL Green taps Tara Stacom to lease 180 Maiden Lane … and more

August 22, 2012 08:00AM

1. No surprise that UN building makeover will cost $400M more than anticipated; plans may be scaled back [Post]
2. Out-of-control Second Avenue Subway explosion shoots debris eight stories high, damages generator and nearby windows [NYDN]
3. SL Green taps Cushman’s Tara Stacom will market the 850,000 square feet AIG will vacate at 180 Maiden Lane [Post, 1st item]
4. The “three bs” you need to be a developer in New York, as per Durst’s go-to attorney [NYT]
5. Is the city using funds for homeless to pay for costs associated with Cornell’s Roosevelt Island campus[NYDN]
6. Kushner Cos. partner to acquire $27M debt on office building in Ridgefield Park, NJ [GlobeSt]
7. LI man sentenced to 51 months for mortgage fraud on NYC properties [Newsday]
8. Real estate bigwigs gather to honor Sandy Lindenbaum at funeral Monday [Post, 3rd item]
9. Today is 40-year anniversary of Brooklyn bank hostage incident that inspired “Dog Day Afternoon” [NYDN]
10. Bank of New York sues General Electric over $680M of mortgage loans [Bloomberg]
11. LNR launches database of loan disclosure info to silence critics as firm seeks sale [WSJ]
12. Toll Brothers beat estimates, net income climbs 46 percent [Bloomberg]
13. Construction on Tiffany’s forthcoming 104 Wooster Street store enrages Soho residents [Post]
14. Three firefighters hospitalized yesterday at 797 Lexington Avenue fire [Post]
15. Most New Yorkers are on board with bicycle lanes [NYT]
16. Controversial Greenpoint homeless shelter opens [DNAinfo]
17. Carpenter union nears new contract after 14-month battle [Crain’s]
18. Modern Luxury magazine to launch Hamptons publications [Post, 1st item]