On the Market: Unwinding Foreclosures, But Not in NYC; Racino Warming Up; Second Homes


The Real Estate Desk is folding together its morning and evening links feature into a once-a-day digest of all the important news from the city and around the world that happened in the past 24 hours.  Hotter than a bowl of Pop Tarts.

SEE ALSO: How a Controversial Piece of Legislation Aims to Make NYC’s Big Buildings Greener

Foreclosures should be unwound in three years, at a rate of 1-in-4 sales [Reuters]

But they’re not selling in the city! [Real Deal]

Work to finally begin on Aqueduct Racino in Queens [Crain’s]

NY pays 4th most property taxes, led by NJ, Conn, and New Hampshire [CNN Money]

The trials, tribulations, and joys of a second home [Post]

And don’t forget about the mobile kind [Journal]

You get what you pay for: Dollar vans not so great [BK Paper]

Is the Port Authority discriminatory? [News]

The problem with glassy buildings: the Vegas Death Ray [BLDG BLOG]

Another hurricane to batter city [Post]