Macklowe's fall … and more

1. A look at the fallen real estate titan Harry Macklowe [Fortune]
2. Sale of GM Building will be a bonanza for city and MTA [NYDN]
3. Prudential Douglas Elliman’s Jacky Teplitzky likes to take chances [NYDN]
4. East Harlem development sells half its units before sales office opens [NYDN]
5. Ira Berman, once named one of city’s best real estate lawyers, will spend three years in prison after admitting that he stole $2.1 million in down payments [Post]
6. Toll Brothers aims to build its 605,380-square-foot development along the Gowanus Canal by 2011 [Post]
7. Silver could be key in Spitzer’s effort to sell parcels next to Javits Center [Sun]
8. Despite the Fed’s interest rate cuts, mortgages have gotten more expensive
9. Fed Chairman Ben Bernanke and Gov. Spitzer say the credit crisis is spreading [Newsday]
10. Some cities have held off the housing downturn [NYT]
11. The wait in Manhattan for co-ops in Mitchell-Lama buildings usually lasts 10 years, but some people get lucky [NYT]
12. Even Goldman Sachs could hit by the subprime crisis [Crain’s]

Macklowe’s fall … and more