Luxe rentals planned for Brooklyn Heights hotel … and more

1. The Jehovah Witnesses’ Watchtower Bible and Tract Society netted $50
million when it sold the Standish Arms Hotel in Brooklyn Heights to
Boston-based Taurus Investment Holdings last week more [Brooklyn Paper]
2. Opponents of Finger Building in Williamsburg plan to appeal decision allowing construction to continue more [Gowanus Lounge]
3. Two new developments take shape at Fourth Avenue and Carroll Street in Brooklyn more [Brownstoner]
4. New details emerge for Pier 40 plans more [Downtown Express]
5. Greenpoint enjoys a business boom more [NYDN]
6. Subprime mortgage rate freeze plan could hit legal hurdles more [Sun]
7. A 200-seat theater and condos are planned for 192 Water Street in Dumbo more [Brooklyn Eagle]
8. Not all borrowers will benefit from the Fed’s rate cut more [WSJ]
9. Brooklyn’s Smith Street and Fifth Avenue start to look alike more [Brooklyn Paper]