On the Market: An Affordable Housing Parable; M.T.A.'s Garbage Idea; Extell Taking Over 57th Street

Obama’s new mortgage plan is good, but not good enough economists fear. [NY Times]

On the West Side, an affordable housing development is also an affordable housing metaphor. [Journal]

Man who slung poop at Norman Foster’s Bowery Gallery should be fine—he sold his apartment for $2.3 million. [Curbed]

Bloomberg and Cuomo face off on who will foot the bill for WTC security. [NY Post]

M.T.A. testing “radical” trash program—no bins in stations—and the people think it stinks. [Journal, Daily News]

Five-years-stalled Kensington development coming back to life. [Brownstoner]

Barnett picks up another property on 57th Street, this time from Ilan Bracha. [Real Deal]

Flushing has a Little India, too! [Daily News]

M.T.A. going to lease Fulton Transit Center to one operator who will handle leasing and management. [Journal]

Fifty hotels will flood New York this coming year. [Crain’s]

There is a sniper on the loose in Brooklyn. [Daily News]

Designer shoemaker Sam Edelman selling Chelsea pad. [Real Deal]

Mike Grynbaum tries to crash Jay Walder’s going away party, and what happens when you find a taxi medallion on the street. [NY Times] On the Market: An Affordable Housing Parable; M.T.A.'s Garbage Idea; Extell Taking Over 57th Street