The Closing: Blackstone Closes on Times Building; Elaine’s Selling Off Memorabilia; New CBRE Tri-State President

We’re starting to get worried over here—another train derailed today. By our count (including the subway), that’s three in the past few weeks. [NY Times]

The Blackstone Group closed on a deal to buy the top 11 floors of the former New York Times building. [The Real Deal]

Upper West Side bar shutters after persistent resident complains of excessive noise. [Village Voice]

Graffiti artists (lawfully) paint children’s literature characters on ceiling of West Side school’s library. [DNAinfo]

Memorabilia from Elaine’s will be auctioned off. [AP via NY Post]

CB Richard Ellis has named a new president of the New York Tri-State Region. [Crain’s]

Swimming in the Hudson might not be such a good idea; a study shows the water is sometimes contaminated. [NY Times]

The Apple Cube on Fifth Avenue is getting a simpler design. [Gothamist]

Gotham is preparing itself to battle the next snowpocalypse: the city’s Department of Sanitation might hire private plows. [NY Post]

The Bowery’s lighting district is facing hard times. [Journal]

Gen Y is boosting the rental market. [Urban Land via The Real Deal]

NYC is coming out with a list of 34 buildings that are at risk of deteriorating. [Crain’s]

New iPhone app will let the Twin Towers rise once again—on your phone. [NY Times]

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