The Round-Up: Friday

The chairman of the New York City Housing Authority announced plans to raise rents by between 5 to 15 percent for higher-income residents. [NY Times]

The Donnell branch of the New York Public Library is closing to make way for a hotel. [NY Times]

A New York company bought one of Donald Trump’s three remaining casinos in Atlantic City and plans to turn it into a branch of Jimmy Buffet’s Margaritaville chain. [NY Times]

A five-minute meeting on Thursday brought Bear Stearns’ 85-year history as an independent firm to an end. [NY Times]

The main portions of the 550-acre Hudson River Park should be done by 2010, officials said Thursday. [NYDN]

A new Park Slope bar is selling a $95 bottle of Italian barley wine, a.k.a. beer. [NYDN]

Bear Stearns memorabilia is up for grabs on eBay. [Crain’s]

A pair of workers were rescued from the debris in a crane collapse at an Upper East Side building demolition site. [Bloomberg]

New Yorkers may finally be cutting back on luxury items. [NY Sun]

Some bike retailers are reporting a shortage stemming from high-gas prices. [NY Sun]

 

The Round-Up: Friday