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Macerich faces “imminent” default on $300M Santa Monica Place loanMacerich faces “imminent” default on $300M Santa Monica Place loanGrupo Frali buys Edgewater dev site to complete full block assemblageGrupo Frali buys Edgewater dev site to complete full block assemblageLawmakers reach sweeping housing deal with “good cause eviction,” new 421aLawmakers reach sweeping housing deal with “good cause eviction,” new 421aRent board’s 4% hike will “plunge” buildings into distress: landlordsRent board’s 4% hike will “plunge” buildings into distress: landlords
New York

Pricey city real estate pushes down crime rate, Co-op City suing NYC over asbestos … and more

Co-op City
Co-op City

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1. Violent crime plummets in New York, thanks in part to pricey real estate [Business Insider]
2. Co-op City suing New York City over $20 million asbestos problem [NYP]
3. Doormen dealing with record-breaking online sales and huge numbers of deliveries [Reuters]
4. London’s luxury market slows [Bloomberg]
5. Verigold Jewelry inks 11,735-square-foot deal in Midtown [NYO]
6. New York developers descend on Miami [Daily Business Review]
7. Snack brands fight for Hostess‘ bodega shelf real estate [NYP]
8. A peek at the world’s top 10 most expensive cities to buy a home in [Huffington Post]
9. A 44-acre section of Pouch Camp in Staten Island saved for continued public use [SI Live]
10. What do the High Line and Hurricane Sandy have in common? Nature intruding on the man-made [WSJ]
11. Foreclosures speeding up among the elderly [NYT]
12. Commercial real-estate firm Studley taking corporate retreats to the next level [WSJ]