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St. Vincent’s revived with $10M Rudin contribution … and more
1. Construction to be complete on 44-story, 327-unit rental building in Downtown Brooklyn by spring 2013 [Brownstoner]
2. Rudin Management revives defunct St. Vincent’s hospital with $10 million contribution [NYO]
3. Wealthy U.S. commercial property investors upped investment to $2.1 billion in 2010, from $579 million a year earlier [Bloomberg via Crain’s]
4. Bay Ridge business owners plan to install sidewalk benches to limit food vendor space [Brooklyn Paper]
5. Burger & Barrel, the Soho restaurant that nabbed headlines for selling $25 burgers, is in foreclosure as lenders market its $8.5 million loan [NYO]
6. Four-story building at 75 Essex Street back on the market for $18 million [Curbed]
7. Despite tepid outlook for the market, poll shows large number of buyers and sellers are optimistic about housing industry [WSJ]
8. Newly opened Mondian Soho changing shape of nearby Canal Street? [Post]
9. Robert Knakal argues in favor of rent regulation overhaul [NYO]
10. Top U.S. commercial buildings seeing price stabilization, report says [WSJ]
11. Sheldon Good auction house owner John Cuticelli opens up about how to navigate a real estate auction [MalcomCarter]
12. Report shows more tenants flocking to trophy office buildings across the country [WSJ]