On the Market: Malkins Launch Empire State IPO; How Brooklyn Was Done; Park51 Plugs ConEd

The recession is actually good for Brooklyn real estate. [BrickUnderground]

Park51 can stay, but it still has to pay Con-Ed. [NY Times]

Own a piece of the skyline! Empire State Building files for an IPO. [Journal]

Admiral’s Row gets final approvals, even if there is little left to save. [Crain’s]

The economics of Brooklyn gentrification. [Brownstoner]

Swooping sidewalk sheds finally ready for their debut. [NY Times]

The most innovative houses in the world include on on Greenwich Street. [Curbed]

UWS landlord fined for renting apartments to tourists. [Real Deal]

Bike parking bill amended—created 16,378 spaces, only about 27.7 used per day. [Streetsblog]

Avant garde art will be latest installation in Madison Square Park. [DNAinfo]

Is that the Queensboro Bridge spanning a river in Calcutta? [NY Times]