On the Market: Empire State Building vs. Chrysler Building; Hedge Funds Are the New Banks

Food production plant in Sunset Park is leaving Brooklyn—and 148 jobs—behind. [Daily News] Hedge funds are the new banks. [Dealbook] N.Y.U.

Food production plant in Sunset Park is leaving Brooklyn—and 148 jobs—behind. [Daily News]

Hedge funds are the new banks. [Dealbook]

N.Y.U. isn’t gobbling just the Village. It’s going worldwide, 24-7. [NY Times]

The Department of Labor’s downtown Brooklyn building is now in the midst of a major renovation, with plans to reoccupy later this year. [Brownstoner]

New York’s attorney general is investigating the finances of the Sorrento New York, a luxury condo towers that has yet to be finished. [Real Deal]

The property bubble in China could pop and drench the world. [Journal]

Zounds! Empire State Building won’t light up for new Spider-Man because of Chrysler Building fight scene. [NY Post]

And REITs are getting larger! [GlobeSt]

Did we miss anything big? Email tacitelli@observer.com
On the Market: Empire State Building vs. Chrysler Building; Hedge Funds Are the New Banks