Cash money … and more

1. The ins and outs of an all-cash bid [Urban Digs]
2. Rendering revealed for No. 22 Renwick, the Philip Johnson-Alan Ritchie Architects-designed project near the Holland Tunnel [Curbed]
3. Standard & Poor’s said it estimates that subprime write-downs could reach $285 billion, but, in a bit of good news, it also says the bulk of write-downs have already been reported [WSJ]
4. Gowanus’ hotel row takes shape on President Street between 3rd and 4th avenues [Brownstoner]
5. Looking inside Admirals Row at the Brooklyn Navy Yard [Gothamist]