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

TRD New York /
Aug.August 22, 2012 08:00 AM

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]

Related Articles

Cammeby's International Group founder Rubin Schron and, from top: 194-05 67th Avenue, 189-15 73rd Avenue and 64-05 186th Lane (Credit: Google Maps)

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out

WeWork’s side businesses are fizzling

Joel Schreiber (Credit: Shir Stein and Wikipedia)

WeWork’s first investor used his stock as collateral. Now his lenders are suing him

Tenants at “dozens of buildings” in LA receive eviction notices ahead of California’s new rent law

Nicolai Ouroussoff and Cecily Brown with 125 East 10th Street (Credit: Columbia GSAPP via Flickr, Wikipedia, and StreetEasy)

No criticism here: Nicolai Ouroussoff, Cecily Brown buy E. Village house for $7.75M

NYCHA strikes air rights deal with developer, WeWork shuttering its pricey private school: Daily digest

Alex Rodriguez

Watch: A-Rod on the benefits and pitfalls of being a celebrity investor