The city will pay $20 million to settle a class-action discrimination suit against the Parks Department. [NY Times]

President Bush vowed to veto a Democratic-backed Senate bill that would allow bankruptcy court judges to readjust the terms of mortgages. [NY Times]

Square Feet: Pondering public uses for the "Great Hall" of the former ferry terminal in the financial district. [NY Times]

Between the Bricks: Zara is leasing space at 42nd and Fifth Avenue for its New York City flagship; Harry Macklowe’s development at 510 Madison Avenue is back on track after Duetsche Bank and Ullico extend him a construction loan. [NY Post]

Dunkin Donuts branches profited from the brief closure of some Starbucks stores in the city yesterday. [NY Post]

Construction at Washington Square Park forces NYU to hold graduation ceremony at Yankee’s Stadium. [NY Post]

The city plans to replace the most damaged parts of the Coney Island boardwalk with synthetic material. [NY Post]

Has Forest City Ratner quietly scaled back plans for Atlantic Yards? [Crain's]

The Wall Street Journal suggests four pricing tricks to sell your home in today’s real estate market. [WSJ]

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