NYC builds like it's 1972 … and more

1. New York City issued nearly 32,000 residential building permits last year, the highest since 1972 [Curbed]
2. Sale of hip-hop birthplace in the Bronx rejected by city [NYT]
3. A look inside the newly re-opened Plaza Hotel [NYT] and [Observer]
4. Economists see subprime crisis as biggest threat to economy [Sun]
5. Carlton Mews, a planned church-conversion with new townhouses in Fort Greene, is “on life support” [Brownstoner]
6. Robert Schiller explains how the housing bubble flew under the radar [NYT]
7. Elizabeth Stribling shows off her 3,442 square foot, under-construction penthouse at 1 Brooklyn Bridge Park, which has set several Brooklyn records [Post]

NYC builds like it’s 1972 … and more