Rat Island sells for $160K … and more

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Rat Island

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1. Bronx man buys Rat Island for $160K [Post]
2. Commercial real estate activity yields increased tax revenue for city, state and MTA
[WSJ]

3. Worldwide real estate assets under management rise 7.2 percent
[PI Online]

4. Residents of East Tremont apartments want housing court to seize control of building
[NYDN]

5. Bids submitted for Willets Point, including one from Related and Sterling Equities, are in
[Crain’s]

6. BofA, Barclays try to sell stake in apartment owner Archstone
[WSJ]

7. City to change outdated zoning law that creates excess parking spaces in new developments
[Crain’s]

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