SL Green buys 125 Park Avenue, fatal Chinatown fire caused by overheated electrical box … and more

1. SL Green buys 125 Park Avenue [Crain’s]
2. Fatal Chinatown fire caused by overheated electrical box: FDNY [WSJ]
3. Majestic apartment goes for $15.1M — $600K above listing price [NYO, 2nd item]
4. Vacant former Coney Island Arcade building destroyed in blaze [NBC]
5. Bob Knakal’s full testimony before the Rent Guidelines Board [NYO]
6. Architect Andre Kikoski wins best restaurant design for Guggenheim’s the Wright [Curbed, 1st item]
7. Riverside Apartments tenants in Brooklyn Heights may join Pinnacle suit [Brooklyn Eagle]
8. In a down market, buyers needs turn back to basics [WSJ]
9. Home building execs get post-bailout salary raises amid layoffs [Reuters via MSNBC]

10. Vertical gardens the latest NYC “green” apartment trend [NYT]
11. Ex-Saks Fifth Avenue fashion head buys in Carnegie Hill [NYO, 3rd item]
12. Con Ed building new steam generating plant in Vinegar Hill [Brownstoner]

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13. Bernanke points to causes for optimism about bank lending [MarketWatch]
14. Open-air carports vs. garages [Newsday]