Nabe News: August 24

Posted on: August 24th, 2009 at 1:32 pm by

Both EV Grieve and Bob Arihood have extensive on-the-scene coverage of the murder outside Forbidden City [EV Grieve, Neither More Nor Less]

Speaking of East Village violence, Jim “Mosaic Man” Power has been a target of late for drunken hooligans.  He was beaten early Saturday morning, and robbed last week [Neither More Nor Less]

Tishman Speyer’s much-needed cash reserve for Stuy Town is nearly depleted.  Next up, the September 10 Appellate Court decision on its “improper conversion of rent-stabilized apartments to market-rate prices while receiving special tax benefits.” [NY Post]

Juicy landlord concessions are reportedly drying up.  For the most part, July rents remained flat when compared to June.  Nevertheless, “Rents are expected to fall another 5 to 10 percent in the autumn, according to market analysts, a seasonal reality not necessarily tied to the larger economy.” [Observer]

What the Founding Fathers would be tweeting if still alive today [Billable]



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