The Closing: Floating Pools; Rent Regs Extension; Park Slope Madness
By Jhanasobserver June 16, 2011 6:09 pm
reprintsLehman Bros. acquires Broadway hotel. [Real Estate Weekly]
In the meantime, Lehman Bros. is also struggling to make use of investment trust Archstone. [The Real Deal]
Housing starts spiked in May to highest rate this year. [The Real Deal]
But U.S. mortgage debt holds steady. [The Real Deal]
Rent regulations weren’t expired for long; they just got an expected extension. [Crain’s]
Park Slope home that sold for $475,000 in February is now on the market for $1.4 million. [Curbed NY]
Don’t like the East River water? Then swim in the pool that could soon be floating on top of it. [Curbed NY]
Want to live in a clock tower? It’ll only cost you $50,000 a month! [NY Post]
Millions of homes remain in foreclosure, though the number of filings is dropping. [Journal]
Verizon’s Brooklyn poles might be illegal. [Brooklyn Paper]
Solar power could be the future for N.Y.C. [NY Times]
Meet us in Montauk—four hotels there are on the market. [Curbed Hamptons]
Carroll Gardens residential project brought back to life. [Crain’s]
Housing code violations have joined the rest of 21st century—they’re now in a convenient database online. [Crain’s]
Macy’s and unions look to strike a deal to avoid a strike. [Crain’s]
