On the Market: UWS Declares War on Peace Sign; GMAC? More Like GERC; Real Estate Stampede


Surf & Turf!  Shake Shack and Apple approved by M.T.A. for Grand Central. [DNAinfo]

City Council has now joined a lawsuit attempting to block the Chelsea homeless shelter that speaker Christine Quinn is so against. [NY Post]

SEE ALSO: Kayne Anderson Adds Lee Levy From Goldman Sachs to Lead CRE Debt Platform

It’s not just downtown—the apartment market at the other end of the island is also heating up. [Journal]

Mortgage servicer GMAC might have falsified documents to foreclose on properties. [ProPublica via The Real Deal]

There was a small, contained explosion last night at a power plant in Queens. [NY Times]

First it was newsstands on the Upper East Side, now it’s peace signs on the Upper West; residents of a swanky Upper West Side apartment building want a glowing peace sign removed. [DNAinfo]

Horse stables are a haute place to live in Manhattan. [Daily News]

And if you’ve got $1.495 million lying around, how about a barn? [NY Times]

Might the city see a rush of new residential development? [NY Post]