Wednesday Morning Links

Mortgage Rates Fall Almost A Full Point To 5.5% On Fed Plan (Bloomberg)
Soho Penthouse See better Than 50% Price Chop (Curbed)
Wall Street Bonuses To Be Halved (Observer)
Another LIC Hotel- This Time In Hunters Point (Queens Crap)
Related And Boston Properties Move Forward With 1 Mil. SF Tower On Eighth (The Real Deal)
MTA Text Messaging Plan Starts Monday (NY Times)
Office Rents Drop 3%, First Drop In Seven Years (Crains)
More Fabu Coney Island Renderings (Curbed)


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