Magnolia opens in Grand Central, scrutiny lands on Floyd Flake … and more

1. Speculation continues over possible extension of the first-time homebuyer tax credit [WSJ]
2. Magnolia cupcakery officially opens Grand Central location [Midtown Lunch]
3. Cassa Hotel hopes for April Fool’s Day debut at 70 West 45th Street [Hotel Chatter]
4. Amid Aqueduct suspicions, mounting scrutiny lands on Floyd Flake [Crain’s]
5. Alleged dilapidated conditions ignored at Beford-Stuyvesant Rehabs, a rental housing development [NYT]
6. Coney Island’s new Luna Park begins advertising job openings [Amusing the Zillion]
7. Boutiques on Bowery complex materializing, after missing scheduled open date [EV Grieve]
8. Aquavit star chef readies for Harlem restaurant opening [NYT]
9. NYC drug store competition heats up [Crain’s]
10. New 2 Bros Pizza location at Eighth Avenue and 38th Street officially opens [Midtown Lunch]
11. Polar Lounge preview launches at Hotel Marcel in Gramercy [Guest of a Guest] 

12. Planned Sheraton Hotel in Brooklyn faces delays [Hotel Chatter]
13. Nouvel’s Hudson River-adjacent development almost finished [World Architecture News]
14. In Hudson County, Weekhawken named best place to live, West New York named worst [Star Ledger]
15. Amid city budget woes, public hospitals fear the worst [NYT] 

16. Famed chef Michael Schlow may open NYC eatery [Grub Street]
17. NYC hotel openings, from A to Z [Hotel Chatter] 

18. A taste of the wild, wild west in Alphabet City [NYT]
19. Quiznos plans nationwide expansion [Retail Traffic Mag]
20. Former Fed Chair Paul Volcker says mortgage market needs total reconstruction [The Mess that Greenspan Made]