Ellis Island gets federal repair funds, two contracts signed at Sterling Green … and more

1. Ellis Island gets $26 million in federal funds for repairs [NBC]
2. Madonna looking to buy in Hamptons or Westchester, and “Golden Girls”
star Rue McClanahan looked at the new Windows on 123 condo development
[Post, 3rd and 4th items]
3. Residents angry about rat infestation problem at Atlantic Yards site [NYDN]
4. Two contracts signed at the eight-unit Sterling Green condo in Prospect Heights [Post]
5. Forbes tracks sales in the country’s 500 most expensive ZIP codes [Forbes]
6. Review of the Kips Bay Decorator Show House [Post]
7. Filene’s Basement finds a buyer [Crain’s]
8. Mortgage applications rise [Reuters via CNN Money]
9. Housing prices may be done falling [Seeking Alpha]
10. Foreclosures prevent full housing recovery [Seeking Alpha]
11. Buying real estate amid foreclosures and falling prices [Seeking Alpha]
12. Five reasons the New York City market isn’t so bad [Post]