Morning Links: Fat Cats; Hip-Hop; Jets New Stadium; Flip-Flop on Flip Taxes


SEE ALSO: Report: DC Property Tax Increases Won’t Generate Much Cash for Affordable Housing

The bureaucrats at the Economic Development Corporation were doing more than their part, spending thousands on luxury travel. (NYDN) 

City agencies have sold the mortgage on a Bronx tower known as “the birthplace of hip-hop.” (NYT

Teacher’s retirement fund is in talks with Omnicom to lease a huge chunk of former Pfizer space (WSJ

Forest City announces closing of $85 million financing on Times Square property. (PR Newswire

Jets pledge to win championship with new $1.6 billion football palace. (NYT

Flip-flopping on flip taxes landing mostly on buyers. (NYT

Stuy Town auction set for Oct. 4. (Reuters

Colleges struggle with classic bargain-hunters’ dilemma: What to do with all that real estate they don’t really need? (AP