Price tag of Atlantic Yards arena might be cut in half, three apartments for sale at 740 Park … and more

1. Atlantic Yards developers try to cut project’s arena price in half [AY Report]
2. After multiple complaints and a stop-work order, walls are up at Robert Scarano’s 1056 Bedford Avenue [GL]
3. Historic building in Franklin, N.J. accidentally torn down [APP]
4. New York to get at least $24.6 billion in stimulus funds [Post] and [NYDN]

5. Days of the 6 percent commission are gone [Inman]
6. Three apartments for sale at 740 Park Avenue [NY Mag]
7. Van Brunt Street might become a new restaurant row [Gothamist]

8. No activity at the Gene Kaufman-designed building in Prospect Heights [Brownstoner]

9. Foreclosure filings on Long Island fell last month [Newsday]

10. Let Fordham expand, editorial says [Post]

11. Willets Point groups say use money for something else [Forum]

12. City faces obstacles in turning Catholic schools into charter schools [NYT]

13. Crain’s profiles Boston Properties’ troubles during the downturn [Crain’s]

14. 11 Times Square rising and glassy [A Fine Blog]

15. City landlords break out freebies [Crain’s]

16. Retail losses hit city and state budgets [USA Today]
17. Job losses worldwide could hit 50 million by end of this year [NYT]
18. Democrats tailor foreclosure bill to administration’s goals [Washington Post]
19. How the housing crash will reshape the country [Atlantic Monthly]
20. Steven Gaines, author of NYC real estate book, writes about Miami Beach [NYT]