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Commercial real estate investors look past Manhattan, hippie designer sells UES co-op for $1.6M … and more

The Grand Central Oyster Bar at 89 East 42nd Street
The Grand Central Oyster Bar at 89 East 42nd Street

1. Commercial real estate investors look outside Manhattan in search of higher returns [Bloomberg News]

2. Hippie designer sells Upper East Side co-op for $1.6 million [NYO]

3. Grand Central Oyster Bar opening Park Slope outpost on Dec. 1 [DNAinfo]

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4. Carlyle-backed mortgage insurer raises $27.3 million in IPO [Bloomberg News]

5. Long Island College Hospital still has operating woes [Brooklyn Paper]

6. Checking in on Ben Shaoul’s Cabrini Center conversion in the East Village [REW]

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