- 1. Up to a quarter of all buyers take a third-party viewer along, causing up to 25 percent deals to fall apart, brokers say [NYT]
- 2. Tishman Speyer Properties emerges as the front-runner in the
Hudson Yards race [NYT] - 3. Half of Atlantic Yards’ residential rentals were promised to be affordable,
but might never be built [NYDN] - 4. Tiger Woods might have purchased that six-acre Gin Lane estate in the Hamptons after all [Spaced Out LI]
- 5. The rise of luxury residential towers and their starchitects [NYT]
- 6. A Harlem broker could lose
two brownstones [NYT] - 7. Gov. Paterson supports Mayor Bloomberg’s congestion pricing
plan [NYT] - 8. Houses for under $300,000 are bargains, but buyer beware [Newsday]
- 9. The Buildings Department is reviewing construction sites
approved by an engineer who is charged with lying about inspecting a Bronx building where two firefighters died in 2006 after
its collapse [NYT] - 10. Many residents oppose the plan to turn Prince Street into a pedestrian mall on
summer Sundays [NYT] - 11. A sleepy block between Lafayette Street and the Bowery awakens [NYT]
- 12. Multifamily rentals could actually benefit from the economy’s problems [NYT]
- 13. Brooklyn’s Clinton Hill blooms [NYT]
- 14. Attorney General Michael Mukasey says the U.S. Justice
Department is reviewing the subprime industry to see if there is a
“larger criminal story” behind the mortgage meltdown [Bloomberg] - 15. Former Treasury Secretary Robert Rubin has called for quick government action to stem foreclosures [Bloomberg]
- 16. Federal Reserve and Bank of England deny that they
were in talks over possibly using public funds to buy mortgage-backed
securities to ease the global credit crisis [Reuters via NYT] - 17. Subprime crisis is increasing homelessness [NYDN]
- 18. Queens is getting just 4 percent of new homes for the poor under the city’s affordable housing program [NYDN]
- 19. Realogy Corp., parent company of Century 21, Coldwell Banker, ERA and
Sotheby’s International, netted a loss of about $840 million last year [Inman via Spaced Out LI] - 20. Older suburbs start to look like cities [NYT]
- 21. New Brunswick, N.J., has ambitious plans to revamp its
theater district and add office space, retail and hundreds of
residential units [NYT] - 22. A socialite becomes the lifestyle consultant for a
29-story condominium or condo-hotel On West 57th Street, off Fifth
Avenue, the first big Manhattan development for a development team lead
by Prudential Douglas Elliman broker Ilan Bracha [NYT]