Defaults up … and more

1. U.S.
homeowners who defaulted last month outnumbered owners who caught up on
payments [Bloomberg]
2. Two officials of a construction company have been charged
with not paying their workers and bilking the city [NYT]
3. New grads are moving back to their parents’ Manhattan homes [Sun]
4. Democrat-turned-Republican developer John Catsimatidis is getting
ready to run for mayor [Sun]
5. Foreign tourists are still flocking to New York City [Sun]
6. Communal balconies might be popular in Europe, but they are rare in New York. [Sun]
7. Subprime mortgage securities shareholder cases have caused a
spike in class action lawsuits [Sun]
8. Several Brooklyn
Heights eateries have
been shut down after their owner was accused of double-charging customers’
credit cards [Post]
9. The construction industry wants to lower costs associated
with materials, labor and permitting delays [Metro]
10. Home staging really does help sell homes [NYT]
11. A crane collapse in Texas
has killed one person [AP via NYDN]
12. A Queens bowling alley will
not be landmarked [NYDN]
13. Chelsea used to be home to
the West Side cowboys [AMNY]