1. Council Member Bill de Blasio announces at a rally for downzoning Carroll Gardens that the Department of City Planning has committed to studying the idea [Brownstoner]
2. FBI launches investigation of 14 companies involved in subprime mortgages [WSJ]
3. U.S. foreclosures increased 75 percent last year [CNNMoney]
4. Bruce Ratner at last shows some concern about Atlantic Yards opposition
http://nymag.com/daily/intel/2008/01/chris_smith_ratner_showing_fea.html
5. Larry Silverstein calls Harry Macklowe’s General Motors Building a “trophy” [NYO]
6. Greenwich Village Society for Historic Preservation gets its legal challenge against the Trump Soho scheduled [Curbed]
7. Broken standpipe in front of 475 Kent Avenue in South Williamsburg drew Fire Department’s attention [Brownstoner]
8. Watchtower Group asks for best offer for the Bossert, the 14-story former hote at 98 Montague Street in Brooklyn [Brownstoner]
9. Fear of a regulatory crackdown drove sale of Countrywide Financial, which reported big losses for the fourth quarter [WSJ] and [WSJ]