On the Market: Apthorp Sues State; Not Pretty in Pink; Living in a Firetrap?

Fannie and Freddie will shrink mortgage coverage from $729K to $625K [Reuters]

British Airways leaves Jackson Heights for 2 Park Ave [Post]

Uptown slumlords are target of upcoming housing forum [DNAinfo]

Apthorp sues state housing agency for holding up deregulations [Real Deal]

Jersey developer buys Madison Park site, turns from hotel to condo [Journal]

Creepy! Citi-Habitats broker knows his clients a little too well [Times]

A clutch of medium Burg building sales [Brownstoner]

Lose the hot pink to help sell your home [Journal]

Firetrap apartments pose threat across the city [News]

RXR buys another big stake [Crain’s]

Developers go on a special servicer buying spree [Journal]

Both buyers promise to preserve the New York Stock Exchange building [Times]