Why One Hyde Park developers backed out of One57 purchase, the biggest mistakes real estate agents make on Twitter … and more

1. Why the developers of London’s exclusive One Hyde Park backed out of a One57 purchase [NYT]
2. Hunts Point Terminal Produce Market gets extension in lease negotiations until the end of August [Crain’s]
3. Man found dead inside 67 Wall Street trash compactor [DNAinfo]
5. Blackstone Group approaches target after raising over $12B for latest real estate fund [Chicago Tribune]
6. Wall inside a historic UES townhouse collapses, inujures four workers [DNAinfo]
7. 60-foot sinkhole opens in Bay Ridge, 11 families evacuated but return home [NBC New York]
8. You don’t need to be a billionaire a la Larry Ellison to buy an island [Reuters]
9. Muralist Anne Harris is not your run-of-the-mill house painter [NYDN]
10. Why crime statistics can be misleading to determine a neighborhood’s safety [WSJ]
11. Three mistakes that real estate agents make on Twitter [WPMU]
12. “Buckyball” sculpture will illuminate Madison Square Park starting this fall [DNAinfo]
13. Aptsandlofts.com President David Maundrell says Cobble Hill and Bushwick are city’s up-and-coming nabes [NYDN]
14. Paul Krugman suggests inflation would boost the housing market but many economists disagree [Zillow]
15. Robert Marc now has five Madison Avenue stores [Racked]