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Milstein donation saves Fifth Avenue library collection, Obama considers freeing 1993 WTC bombing adviser … and more

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1. $8M Howard Milstein donation allows library to Build Storage Space For Fifth Avenue building [NYT]
2. Obama considers letting spiritual adviser in 1993 WTC bombing free in goodwill gesture [Post]
3. Half of NYC households pay at least 30 percent of income in rent, 30 percent pay at least half their income [Crain’s]
4. Bruce Willis checks out an $11.4M condo at 27 West 72nd Street [Post, 2nd item]
5. Heavy wind blows mattress off 34th floor of Setai Wall Street, injures student [NYDN]
6. Warwick Hotel blocks suit from terror victim aimed at room booked by Mahmoud Ahmadinejad [Post]
7. Most U.S. real estate investors plan to ramp up purchases of single-family homes in coming year [Bloomberg]
8. Manhattan’s wealth gap gets wider: top fifth make 40 times more than the bottom fifth [NYT]
9. Red tape stifles Rockaway group that purchased firehouse for environmental center conversion [NYDN]
10. Why is Barclays sponsoring Brooklyn’s arena when its banking products are unavailable to US consumers? [Post]
11. The Columbus Circle art installation opens today [Post]
12. Prosecutors charge that Pedro Espada profited from building sale of floundering healthcare non-profit he stole from [NYT]
13. Tatum O’Neal lists condo in old Jewish Daily Forward building for $1.65 [Post, 3rd item]
14. Simon Property Group is thriving thanks to its play for luxury outlet malls [Bloomberg]
15. Residential conversions and large leases push Downtown vacancy rate down 4.1 percentage points year-over-year [Crain’s]
16. Providence nightclub on West 57th Street is “terrorizing” residents [Post]
17. Trulia shares priced above expectations, raise $102M in IPO [Bloomberg]
18. KB Homes’ non-executive chair buys three-bedroom Reade57 unit for $2.83M [Post, 4th item]
19. Bronx activists lack funding to fight, will drop lawsuit against Westchester Square homeless shelter [NYDN]
20. Bloomberg slams Walmart opponents that blocked store from East New York [Post]