The Real Deal New York

Barry Sternlicht says investors could do with a little “fear,” a gingerbread version of One57 crane collapse … and more

1. “I want people to have some fear,” Starwood CEO Barry Sternlicht says, warning that the fast recovery of the housing market could spell loose investing in some areas [GlobeSt]
2. City officials hope to settle on one of two Kingsbridge Armory proposals by spring [WSJ]
3. Check out this “candy crane”: Le Parker Meridien buils five-foot gingerbread version of One57 crane collapse [DNAinfo]
4. Architect Paul Rudolph’s former home — a landmarked townhouse with penthouse on top — hits the market for $27 million [WSJ, 2nd item]
5. Governor Andrew Cuomo passes new regulations to expedite some 360,000 Sandy-related home insurance claims [City and State]
6. Jehovah’s Witnesses Watchtower Society continues selling spree with $2.8 million sale of Brooklyn Heights townhouse [Brownstoner]
7. Urban planners, architects offer up how they’d spend $9.8 billion to protect New York from the next Sandy [NYO]
8. Public artwork, community gardens, a dog run and more: Fulton Area Business Alliance unveils ideas for reimagining Brooklyn’s Fulton Street [Brownstoner]
9. Princess Cottage, a symbol of Sandy damage in New Jersey, may yet be saved [AOL]
10. Less competition, more motivated sellers and three other reasons to hunt for a home in the off-season [Trulia]
11. More than 1,000 Staten Islanders show up for FEMA town hall, seeking answers on Sandy recovery [WNYC]
12. Preservationist ask Douglas Steiner to protect church as he starts East Village apartment construction [NYT]
13. In London, a 150-year-old water tower becomes a sleek townhouse [Curbed]
14. Should AirBnB warn consumers more explicitly about local laws? [NYT]