Housing inventory shrinks, new bill will raise hotel tax … and more

1. Housing inventory shrinks nationwide [WSJ]
2. New bill would raise hotel tax in the city [GlobeSt]
3. Brooklyn merchants split over Fulton Street BID [NYDN]
4. Hotel Gansevoort owner says hotel will remain heart of the Meatpackng District [NYO]
5. Office Depot to close 112 stores [Miami Herald]
6. UWS cheese shop closing [NYT]
7. Homebuilders lobby for loan alterations [WSJ]
8. FDIC chair criticized for wanting to use taxpayer money to help prevent foreclosures [NYT]
9. Actress Natasha Lyonne sells penthouse [Post, 2nd item]
10. Bovis Lend Lease could avoid indictment in Deutsche Bank building case by instituting safety reforms and paying the families of the two firefighters who died in the fire on site [NYT]