Early Afternoon Update

The owners of Saigon Grill were arrested this morning and charged with over 200 counts of falsifying records and evidence

The owners of Saigon Grill were arrested this morning and charged with over 200 counts of falsifying records and evidence tampering. [NY Times]

Lower fixed-rate mortgage rates could spur a refinancing wave among borrowers. [Brownstoner via Bloomberg]

Bloomberg ups the budgets for 13 Business Improvement Districts, and creates a new BID in the Belmont section of the Bronx. [GlobeSt]

State appeals court hands down decisions regarding market-rate tenant evictions at Sheffield57 and Manhattan House. [TRD]

Beware some gift cards this holiday season: Here’s chain retailers in danger of going out of business. [WSJ]

Early Afternoon Update