New York home foreclosures could double, building partially collapses … and more

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1. New York home foreclosures could double in coming months or years [Crain’s]
2. Developers vie to redevelop Aqueduct racetrack [NYO]
3. Outlet store comes to Soho [NYO]
4. Midtown Equities said to be about to Purchase 452 Fifth Avenue [Post, 2nd item]
5. Brokers call audition for Madoff UES apartment listing a “cattle call” [NYO]
6. Gary Shteyngart’s Lower East Side one-bedroom allegedly goes into contract [Downtowny]
7. Building at 77 West 126th Street partially collapses [Fox]
8. Miami trial lawyer buys $8.2 million Manhattan penthouse [NYO]
9. Bloomberg administration has paid for more than 550 homeless families to leave the city since 2007 [NYT]
10. Brooklyn Cohousing to hold meeting Friday on potential financing option [NYT]
11. Property bond sales may pick up [Bloomberg]
12. Obama administration tells loan servicers to work faster [CNNMoney] and [AP]
13. Office market continues to slump [National Mortgage News]
14. Brookfield Properties second-quarter results likely to drop [Reuters]
15. Commercial real estate is banks’ Achilles heel [MarketWatch]
16. Bernanke’s net worth drops by almost a third [AP via MSNBC]