The Round-Up: Tuesday

New York lawyer Marc S. Dreier arrested in hedge-fund fraud totaling $100 million. [NY Times]

As costs at that new Yankee and Mets stadiums continue to rise with the issue of more tax-exempt bonds, hope for a profit grows slimmer. [NY Times]

Court order delays the Bush administration’s effort to auction off landing slots at area airports. [NY Times]

Some findings from the latest NYC census: poverty rates declined in every neighborhood except one; Harlem’s white population tripled, driving up median household income by 20 percent. [NY Times]

Sony to shed 8,000 jobs and cut back on investments. [NY Times]

Bronx residents ask the city to suspend the Bx12 express bus running along the Fordham Road/Pelham Parkway corridor, saying it’s killing their businesses. [NYDN]

Realty Check: With WestLB moving downtown to 7 WTC, maybe things aren’t so bad after all for Manhattan real estate; Deutsche Investment Management Americas renews its 150,000-square-foot lease at 345 Park Avenue for 10 years. [NY Post]

Tracking nationwide trends in job losses, NYC’s unemployment rate climbs to 5.7 percent. [NY Post]

New York Times shares jump 14 percent after the company announced it would borrow $225 million against the value of its midtown headquarters. [NY Post]

With General Growth Properties on the verge of bankruptcy, a once-proud family-owned real estate company is brought to its knees. [WSJ]

Analysis shows 53 percent of borrowers had fallen behind on mortgage payments just six months after their loans were modified this year. [WSJ]

Chief execs at Merrill Lynch and Morgan Stanley won’t get their bonuses this year. [WSJ]

The Round-Up: Tuesday