It’s official—the property tax cap bill is now law. [The Real Deal]
Tourists can still find some illegal hotels in the city. [Chelsea Now]
Mickey Rourke is settling into a West Village townhouse, giving up his loft in the meatpacking district. [The Real Deal]
Lehman Brothers sells off second International Toy Center building. [Journal]
Larry Bogdanow, founder of Bogdanow Partners Architects, dies of a brain tumor at age 64. [NY Times]
The Cheshire Group purchases apartments at 1327-1329 Lexington for $105 million in an all-cash deal. [The Real Deal]
No more Dumpster pools at this year’s Summer Streets. [NY Daily News]
Former mortgage company chairman Lee Farkas gets 30 years in prison for fraud. [Journal]
Talks continue as unions are down to the wire with expiring contracts. [Crain’s]
New York by Gehry renters are disappointed; not living as luxuriously as they would like. [Curbed NY]
American Folk Art Museum is moving back to its original home in Lincoln Square. [Crain’s]
