The Round-Up: Wednesday

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]

The Round-Up: Wednesday