The Closing: Pricey Dumbo; Queens HQ Sale; Another Concrete Strike at W.T.C.?


Dumbo ranked as one of the most expensive N.Y.C. neighborhoods in the second quarter of this year. [The Real Deal]

SEE ALSO: Two Trees Has Shrugged Off the Retail Apocalypse, Landing High-Profile Retail Tenants

Potbelly sandwich shop is expanding in the city, plans to open a location in Union Square. [DNAinfo]

Developers are willing to risk another concrete workers strike. [Crain’s]

Weekend rain floods Castle Hill Houses in the Bronx. [NY Daily News]

A Sag Harbor supermarket might close over a family rent dispute. [Sag Harbor Express via The Real Deal]

Peninsula Hospital Center might file for bankruptcy to prevent the hospital from closing. [Crain’s]

Rabbi is accused of exploiting his father-in-law to launder money so he can buy an apartment. [Haaretz via The Real Deal]

Former Kips Bay resident who is trying to return to a family-owned co-op sues because him and his family were not permitted to move into the building. [DNAinfo]

Construction company sells Queens headquarters for $12.5 million. [Crain’s]

Residential brokerage Elika Associates decides to try its hand at brokering in the commercial market. [The Real Deal]