Soros predicts interest rate spike in 2013, low-ball appraisals complicate deals … and more

TRD New York /
Jan.January 25, 2013 08:00 AM

1. Billionaire financier George Soros predicts interest rates will spike over 2013 [CNBC]
2. But with rates still so low that even the wealthy are financing, low-ball appraisals are complicating deals [NYT]
3. Residential Capital to pay Fannie $298 million to end objection to business sale [Bloomberg]
4. Upper West Side wood-paneled townhouse popular with TV producers hits the market for the first time since 1981, asking $8.75 million [NYT]
5. Buildings owned by College Management —considered by public advocate Bill de Blasio to be NYC’s worst landlord — trade hands [Curbed]
6. Warren Buffett sees a housing rally [Bloomberg]
7. But Yale economist Robert Shiller says don’t count on recovery quite yet [Bloomberg]
8. A federation of labor unions push to break up JPMorgan [NYP]
9. With a restoration ahead, a peek inside the decaying Loew’s Kings Theater in Flatbush [Gothamist]
10. South Slope cafe attracts indie rock royalty [DNAinfo]

Related Articles

(Image by Wolfgang & Hite via Dezeen)

Hudson Yards megadevelopment inspires a new line of sex toys

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 (Credit: Getty Images)

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

Cristiano Moura (Credit: Christie’s Real Estate and iStock)

Viral Instagram post leads to arrest, assault charge for former Christie’s agent

Amazon CEO Jeff Bezos and Hudson Yards (Credit: Getty Images and Wikipedia)

Amazon takes big new office space near Hudson Yards

A&E Real Estate Holdings principal Douglas Eisenberg and the properties (Credit: The Rego Park 18 Portfolio)

Deutsche Bank provided A&E $97M in financing for big Rego Park buy

Billy Macklowe and Key Food at 120 Fifth Avenue in Brooklyn (Credit: Getty Images and Google Maps)

Billy Macklowe looking to break into Brooklyn

From left: Daniel Shirazi, and Robert Khodadadian, with 530 West 25th Street

Feil Organization buys Chelsea office building for $72M