Renters in illegal subdivisions easily avoid getting caught, former Xerox CEO buys $7.4M spot at Superior Ink … and more

1. Renters in illegal subdivisions easily avoid getting caught [NYDN]
2. Slew of new restaurants cultivates renewed interest in Ditmas Park [NYT]
3. Miami-based shopping center REIT buys Nassau County property for nearly $104M [Retail Traffic]
4. Planned LES Grand Park restaurant struggles to win community approval [The Lo Down]
5. Citigroup must resume lending to stalled Syracuse project, court rules [WSJ]
6. Carlton Group to auction off $350M worth of properties in REO sale Housing Wire]
7. Former Xerox CEO buys $7.4M spot at Superior Ink [NYT]

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8. After merger, tour bus company signs on for Times Square space [Crain’s]

9. Consulting firm advises builders to prep for higher construction and sales volume as repeat buyers take advantage of Obama’s tax credit [Housing Wire]
10. Even in the downturn, gated communities thrive in Long Island [NYT]
11. Brazilian government finance office moves to 13,000 square feet at 1180 Sixth Avenue [Crain’s]
12. Richard Suttmeier: FHA will go the way of Fannie and Freddie and require taxpayer support [Seeking Alpha]
13. Maximum conforming loan ceiling extended through 2010 [NYT]
14. Would-be foreclosure victims rent their homes in Deed for Lease agreements [Washington Post]
15. The Change Group sublets from Body Shop in Times Square [Crain’s]
16. New book examines NYC’s prerestoration brownstones [NYT]
17. Restored historic Ossining National Bank building to become moderate-income condos and commercial space [NYT]
18. Currency trade moves into 7 World Trade Center’s 32nd floor [Crain’s]
19. Mortgage rates for 30-year loans fall to 4.91 percent [Washington Post]

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