The Afternoon Wrap: Friday

Silverstein and Port Authority go to arbitration over World Trade Center construction plot. [Crain’s]

Sales have started at the 21-unit Fairchild on Vestry Street. [TRD]

Why it’s not called Knakal Massey. [TRD]

Hundreds of people lined up in the Flatiron this morning to buy a BlackBerry Storm. [Racked]

Core Group launches a new Web site to market 11 Spring Street. [Curbed]

Speculation rampant over what might happen if Citigroup, New York City’s biggest office tenant, goes under or gets sold. [GlobeSt]

Are Joe Sitt and the city close to a deal on Coney Island land? [Brooklyn Paper]

Ho ho ho! Fannie, Freddie suspend foreclosures for certain properties. [WSJ]

New York Fed Bank President Timothy Geithner to be nominated as President-elect Obama’s Treasury secretary. [WSJ]

Answers about how to estimate rental income. [Brownstoner]

New York City’s last couple of transit bargains. [Voice]

The Afternoon Wrap: Friday