The Round-Up: Thursday

Eleven Con Ed supervisors arrested on charges that they demanded kickbacks from a construction company. [NY Times]

Forever 21 to replace Virgin Megastore in Times Square. [NY Times]

Feds approve environmental assessment for ARC tunnel under the Hudson to Penn Station. [NY Times]

City to spend $24 million to refurbish and resell 115 foreclosed homes. [NY Times]

Tiffany says holiday sales off 21 percent. [NY Post]

Riders rail against M.T.A. hikes, service cuts. [NY Post]

Property adjustments rather than property buys the order of the day for growing New York families. [NY Post]

Breaking! City hotels struggle. [NY Post]

Owners at 133 East 64th can’t wait to kick Madoff out of the co-op. [NY Post]

Queens beep Marshall on local economy: “Naysayers beware, we will move forward.” [NYDN]

Number of Americans facing foreclosure increased 81 percent annually in 2008. [WSJ]

That refinancing wave? A lot of prime applicants can’t meet borrowing requirements. [WSJ]

The Round-Up: Thursday