Apthorp sold for over $425 million, and will stay rental.
[NY Times]Home buyers feeling empowered nowadays.
[CNN/Money]Santiago Calatrava: His work has “emotional resonance.”
[Fortune]Housing will not turn around in 2007, builders say.
[BusinessWeek]Former Colonial Club gets a makeover.
[NY Times]666 Fifth Avenue on the sales market.
[NY Sun]Cipriani Club Residences are really neat.
[NY Sun]New Chelsea nightclub looks like a hotel.
[NY Sun]Riverhouse, 101 Warren rise near each other.
[NY Post]Fifth Avenue co-op sells for $24 million.
[NY Post]Tenant association president goes to jail.
[NY Post]Mayor scales back school-building plan.
[Daily News]Floyd Bennett Field sports complex opens in a few weeks.
[Daily News]Beware: Some brokers have hidden agendas in slower market.
Did we miss any New York City real estate news this morning? Please send along tips and links.