Atlantic Yards project downsized, bar reopens after landlord’s development plans fall through … and more

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1. New Atlantic Yards design shows project has been downsized [Post]
2. Law firm Chapman and Cutler is opening its first New York office at 330 Madison Avenue [Crain’s]
3. Vietnamese restaurant Pho 32 signed a 10-year lease for its second Manhattan location at 13 St. Marks Place [Crain’s]
4. After landlord’s development plans fall through, Holland Bar in Hell’s Kitchen set to reopen on Wednesday [NYT]
5. Banks sell troubled residential loans [Bloomberg]
6. Wall Street advances as home sales rise [AP]
7. Commercial property sales to keep falling [Reuters]
8. 68,000 jobs shed in single day [WCBS]
9. Verizon, Wells Fargo, Skidmore, Owings & Merill take space around the city [Post, 2nd and 3rd items]

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