Recession could cause towers to shrink, a look at Fordham’s expansion plans … and more

1. Recession could cause commercial towers to shrink [NYO]
2. Gifted program for students to open in a new building in Bay Ridge [NYT]
3. Almost 60 potential bidders showed up to ask questions about Tavern on the Green today [NYT]
4. A look at renderings of Fordham’s expanded Lincoln Center campus [Curbed]
5. IRT Powerhouse up for landmarking again [MAS via Curbed]
6. Fashion designer Marc Jacobs reportedly buying an apartment at Superior Ink [Page Six via Curbed]
7. New eight-acre open space on Governors Island to become Picnic Point [Curbed]
8. Coney Island may get temporary amusement park [Crain’s]
9. Affordable housing project Atlantic Terrace rises three more stories [Brownstoner]
10. Proposed federal regulation would prevent city from shutting down dangerous cranes [NYDN]
11. Units at 38 Wilson Street see 5 percent price cuts [Brownstoner]
12. Engineers found dangerous cracks in the 200-year-old beams above Mayor Bloomberg’s desk at City Hall [Post]
13. New Jersey retailer Children’s Place consolidating corporate headquarters at 500 Plaza Drive in Secaucus [GlobeSt]
14. Community Board 14 voted down a Japanese religious sect’s church plans [Brownstoner]
15. St. Augustine scaffolding coming down in Park Slope [HIPS]
16. New Jersey may lift age restrictions on some housing [NJ]
17. Ground-floor retail space opening in Port Authority [Crain’s]
18. Fewer people left New York City between 2007 and 2008 [Gothamist]
19. State approves scaled down plan for Javits Convention Center [Post]
20. Developer of 500 Fourth Avenue offering 10 percent discount on
apartments for buyers who sign contracts in March and April [Urban Digs]
21. Luxury retailers give mixed reports on recent Manhattan openings

22. Bankrupt retailers want more time to consider leases [CoStar]
23. Hoteliers try new strategies in recession [National Real Estate

24. Search engine offers new rental price data [TechCrunch]
25. America’s declining cities [Forbes]
26. Federal Reserve said it will boost purchase of mortgage-backed
securities [Inman]
27. Banks not ready to implement federal mortgage plan [CNN Money]
28. Lending outlook tough for commercial real estate [CoStar]
29. Mortgage rate of 3.5 percent seems likely [Seeking Alpha]
30. Rising cap rates add to real estate worries [CoStar]

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