Palazzo Chupi hurt by downturn, mortgage bonds rise … and more

1. Palazzo Chupi hurt by downturn [Huffington Post]
2. Historian against tower near Brooklyn Bridge [NYT]
3. Yankees players looking forward to new stadium [Newsday]
4. Government seizes Madoff’s Florida mansion [Post]
5. Zillow.com and newspapers launch real estate site partnership [Editor & Publisher]
6. Mortgage bonds rise on toxic-asset plan [Bloomberg]
7. HUD looking at principal balance reductions on FHA loans [The Truth about Mortgage.com]
8. How commercial real estate could hold back economy recovery [Seeking Alpha]
9. RealtyTrac launches foreclosure alerts for renters [The Truth about Mortgage.com]
10. Touring “Hair” actor’s home in Inwood [Post]
11. Linda Dano’s penthouse full of illusions [Post]