Council tackles Solow's plans … and more

1. The City Council could vote today on a “modified” version of
Sheldon Solow’s $4 billion mixed-use development
on the East River [Sun]
2. Florent diner in Meatpacking District will likely close when its rent is
raised from $6,000 a month to about $50,000 [Post]
3. Wal-Mart drops plans for a store in the Rockland County
hamlet of Monsey, the joy of the town’s observant Jews [NYT]
4. Walgreen will open a 16,200 square foot, tri-level store at One Times Square
this summer [NYT]
5. Federal Reserve Chairman Ben Bernanke makes his most direct
effort so far to address the credit crunch and mortgage crisis [Bloomberg]

Council tackles Solow’s plans … and more