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Crane collapses in Tribeca … and more

1. A crane reportedly collapses at site of Jack Parker Corp. rental project at West, Watts and Desbrosses streets in Tribeca; no injuries were reported [Curbed]

2. Estate of Leona Helmsley lists her Greenwich, Conn., mansion for an eye-popping $125 million [WSJ]

3. New York City’s political candidates cash in on donations from real estate industry [NYT]

4. Homeowners struggling to sell their properties try to swap them instead [WSJ]

4. Foreign investors still love New York real estate [CoStar]

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5. How one small law firm helped Wall Street turn subprime mortgages into investments that went bad [NYT]

6. The Fed’s interest rate cuts might not be such a boon for mortgage rates after all [Inman]

7. Goldman Sachs issues favorable review of Boston Properties performance in 2007 [REW]

8. Minor league baseball stadium left out of Xanadu Meadowlands plans [Star-Ledger]

9. More details emerge on Harry Macklowe’s tentative deal with Deutsche Bank over seven Manhattan buildings [Reuters]

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