Arrested Park Avenue Bank CEO selling UES townhouse, Hammacher-Schlemmer building fetches bids around $40M … and more

1. Stuy Town hedge fund spars with special servicer over “masterpiece of misdirection” [NYO]
2. Sources: Hammacher-Schlemmer building fetches bids around $40 million [Post, 2nd item]
3. DJ AM’s One Kenmare Square apartment in contract [Curbed]

4. Arrested Park Avenue Bank CEO selling UES townhouse for $8.5M [NYO]
5. 16 West 21st Street site launches, features scantily-clad dolls in Zac Posen-designed model apartment [Curbed]
6. Now that it’s open, what’s next for Brooklyn Bridge Park and planned Governors Island park across the river [Post] and [Architect’s Newspaper]
7. Stanley Chera, Highgate Holdings in on last week’s Knickerbocker Hotel deal, too [Post, 3rd item]
8. Bronx residents fight for public Jerome Park Reservoir access [NYDN]

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9. As Staples plans Southampton move, local store owners mull possible effects [The Southampton Press]

10. New Long Island City rental designs fall flat for some [LIC NYC]
11. Mortgage borrowing costs inch back down after recent increase [Mortgage News Daily]
12. The latest home price forecasts for the largest U.S. cities [CNN Money]