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The Real Deal Miami

South Bronx named poorest neighborhood in U.S., experts warn of tumbling home prices in near future … and more

September 30, 2010 05:00PM

1. Nearly century-old dress supply company the latest Garment Center mainstay to go belly up [Crain’s]
2. Famed saxophone player puts his $9 million UWS townhouse on the market [WSJ]

3. Sharif El-Gamal explores Islamic loan plan to help finance $140 million community center project [NYT]

4. South Bronx declared poorest neighborhood in the U.S. [NYDN]
5. NYU vice president speaks out on anti-school sentiment, in wake of development plans [Capital New York]
6. Despite City Council Speaker Quinn’s skepticism, advocates rally for vacant building census proposal [Crain’s]

7. Brooklyn’s Flatbush Triangles slated for renovation [Brownstoner]
8. Home prices could tumble nationwide in near future, experts say [AP via NYDN]
9. Manhattan’s Morgan Library & Museum to reopen landmark McKin, Mead and White building following a $4.5 million interior restoration project [NYT]
10. Rector Square lender Anglo Irish Bank finds trouble overseas, as Irish ghost towers proliferate [Bloomberg]
11. Massey Knakal founding partner Robert Knakal weighs in on rent regulation [NYO]
12. Goldman Sachs posterboy Fabrice Tourre challenges SEC over an out-of-country CDO deal [Bloomberg]
13. Area homeowners question security of second-home ownership in outlying rural areas [Post]
14. Celeb chef Kerry Heffernan shows off Sag Harbor abode [Post]

15. More hotels
crop up in neighborhood north of Chelsea [Hotel Chatter]
16. Norman Oder speaks out on Atlantic Yards’ allegedly fuzzy math [NYO]
17. Northeastern home owners pay largest property taxes in nation [CNNMoney]

18. New D’Espresso coffee bar near Bryant Park goes for more bookish appeal [NYT]