The national home price index continues to fall, with a 17.4 percent year-to-year drop in September and an 18.2 percent drop predicted for October. [WSJ]
A record 47 million tourists visited NYC this year, spending $30 billion. [City Room]
In its first round of Streetsie Awards, Streets Blog hands out the honors for “The Year’s Best Livable Streets Project” and “The Year’s Top Bicycle Project.” [Streets Blog via City Room]
56 Leonard in limbo as developer Izak Senbahar waits on construction financing. [Curbed]
Fort Greene inching up on Park Slope as Brooklyn’s most popular nabe for renters. [Curbed]
Real estate lawyers swamped with clients seeking to break out of signed contracts. [NY Mag via TRD]
Top Democratic fundraisers Carl Spielvogel and Barbaralee Diamonstein-Spielvogel sell their 720 Park Avenue apartment for $36.63 million—almost twice what they paid in 2006. [TRD]
Manhattan’s commercial vacancy rate hits a two-year high. [Crain’s]
East Village renters strike back at their do-nothing property managers. [EVG via BoweryBoogie]
P & G Bar to stay open until February as it waits for its new location to open six blocks away at Columbus Avenue and 78th Street. [VNY]