1. The East Village’s former Miracle Grill will be the site of a six-story, eight-unit condo building [Curbed]
2. UBS reported a bigger than expected loss as it wrote down $5.1 billion, much of it tied to housing losses [NYT]
3. A new homeless intake center near Yankee Stadium has riled residents [NYDN]
4. A New York construction company, C.W. Brown, will be the first
Consolidated Edison business customer to sell back excess solar power
to the utility [AP via Sun]
5. The Federal Reserve said banks restricted lending as defaults and delinquencies as the mortgage market imploded last year [Bloomberg via Sun]
6. The Metropolitan Transportation Authority’s new “green” escalators got off to a slow start [NYT]