Balazs take-over of Cooper Square hotel gets community board approval, city plans to open 50 new middle schools … and more

1. Community board gives Andre Balazs approval to take over Cooper Square Hotel
[DNAinfo]
2. Hurricane Irene clean-up to cost city $55 million
[NYDN]
3. City plans to open 50 new middle schools over next two years
[Schoolbook]
4. Housing crisis could drag down U.S. similar to how Greece is dragging
down Euro
[WSJ]
5. Zillow chief economist testifies on glut of foreclosures
[Zillow]
6. Community leaders demand JPMorgan Chase CEO visit outer
boroughs suffering from foreclosures
[NYO]
7. Residents are starting to move into 305 West 16th Street
[Curbed]
8. East Village IHOP now open
[EV Grieve]
9. More photos of Mayor Bloomberg’s home
[Atlantic]
10. Elaine’s memorabilia auction taking place today
[Eater]
11. DesigNYC presents second annual exhibition
[Architect’s Newspaper]
12. Historic LES hospital opens new wing
[WNYC]
13. Elevator drop in Paramount building injures office worker
[DNAinfo]
14. American folk art museum on verge of dissolution
[NYT]
15. Religious book publisher receives state subsidy to invest in
Sunset Park [Brooklyn Eagle]
16. Prospect Heights condo almost half-sold
[Brownstoner]
17. Construction worker killed by bus in Jamaica
[NYDN]