- 1. Port Washington-based Steve & Barry’s will be bought out by a Manhattan investment firm that could keep the bankrupt chain afloat [Newsday]
- 2. A look at Lou Dobbs’ big estate [Gawker]
- 3. Russian automobile and oil billionaire Boris Berezovsky sold his 30th-floor apartment at Trump International [NYO]
- 4. Building owners are in a rush to sell because they are
afraid the Democrats will raise the capital gains tax [NYO] - 5. Real estate attorney Jonathan Mechanic is the one Donald
Trump and Jerry Speyer to turn to for legal advice [NYO] - 6. Women in commercial real estate face a glass ceiling [NYO]
- 7. Many of New York
City’s soul food restaurants are closing [NYT] - 8. Freddie Mac, the mortgage giant, posted its fourth consecutive quarterly loss [Reuters via NYT]
- 9. Home heating bills are expected to spike this winter [NYT]
- 10. The U.S. Treasury has hired Morgan Stanley to provide advice on the future of Fannie Mae and Freddie Mac [NYT]
- 11. Morgan Stanley reportedly told clients that they won’t be allowed to withdraw money on their home-equity credit lines [Bloomberg]
- 12. Frank Sciame bought another 110,000 square feet of air rights for 80 South Street on the East River [Post, 3rd item]
- 13. Flushing tenants returned to their homes after a recent gas explosion to find them looted [NYDN]
- 14. A look at three high-tech ways to make your home more
marketable [WSJ] - 15. Mortgage lender FirstFed faces a large number of defaults on
complex loans, even though they mostly went to borrowers with good credit. [WSJ]
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