Midtown businesses haven’t seen a renter’s market this good in 20 years. [NY Times]
The $400 property tax rebates are in the mail… finally. [NY Times]
When the city suspended Park Slope’s alternate-side parking regulations it had no affect on the area’s traffic and parking patterns. [NY Times]
What $150,000 gets you. [NY Times]
A look inside one of Manhattan’s hottest apartments: an $8.7 million triplex at Lux 74. [NYDN]
Block behind the Apollo Theater renamed James Brown Way. [NYDN]
City Council introduces legislation that would place warning signs next to playground mats, which can reach dangerously high temperatures in the summer. [NYDN]
MTA chair Dale Hemmerdinger and his board will be traveling to Albany on Jan. 13 along with the Empire State Transportation Alliance to make their case for a transit bailout. [NYDN]
Paterson’s budget would cut nearly $1 billion in aid to NYC. [NYDN]
Despite plunging occupancy rates, 21 new hotels will open in NYC next year. [NY Post]
Moody’s lowers rating on mortgage securities tied to Tishman Speyer’s Stuy-Town. [NY Post]
While home prices haven’t fallen as far in New York as other cities, that may only mean NYC has further to fall before the housing market hits bottom. [WSJ]
How major developments in six cities fared under the global financial crisis. [WSJ]
The push to give bankruptcy judges the power to rewrite, or “cram-down,” mortgages in the borrower’s favor gains favor in Congress. [WSJ]