Weekly Links

Well, it's been a relatively slow week for Real Estate news here in the big city. It seems as if July 4th weekend has started a week and a half early, but that's summer in the city for you. Bloomberg has made yet another step in the (obvious) direction to run for president, the current 421-a tax abatement program looks like it will get a 6 month extension, and the investment arm of the UAE's royalty has bought Barney's. Some headlines:
$2,000 /ft on East 86th Street! (NY Post)
421-a program 6 month extension looks like done deal (Crain’s)
Dubai Co. buys Barney’s, Jones doubles investment in 3 years (NY Daily News)
NYC less expensive (for foreigners) (CNN Money)
Central Park North on the move (NY Post)


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