40 Mercer unit on the market for $7M, tech firm AC Lion leases in Midtown South … and more

1. Soho apartment at 40 Mercer Street asks $7 million [Curbed]
2. Tech consulting firm AC Lion inks seven-year, 6,000-square-foot lease at 253 West 35th Street [NYO]
3. Ratings agencies spar over how to assess Seagram Building [CoStar]
4. Four-story hotel headed to 21st Street and 44th Avenue in Long Island City [Brownstoner]
5. City Council should reduce Madison Square Garden’s proposed 15-year term to 10: OPINION [NYT]
6. DOB approves demolition of 735 Bergen Street building to make room for 10-story residential development [Brownstoner]
7. Construction of 57-story rental tower begins at AvalonBay’s Willoughby West site [Brownstoner]
8. Residents protesting Soho House’s rejected bid for liquor license ahead of CB3 vote tonight [Bowery Boogie]
9. Harlem townhouse hits the market for just under $2 million [WSJ]
10. Long-plagued site at 467 Union Street in Park Slope still frustrating neighbors [Pardon Me for Asking]
11. Former Brooklyn Law School dorm at 184 Joralemon Street finds new life as 24-unit rental building [Curbed]
12. How renovation projects can hurt your home’s resale [Forbes]
13. What we can learn from “Arrested Development” about the housing crisis and other issues [WaPo]