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March 7, 2008

Friday Links

Red-Hook-03-2008.jpg
Red Hook. Photo by ishanz.
Polytechnic Trustees Approve Merger With NYU [NY Times]
Downtown Housing Falls Short of Projections [Brooklyn Eagle]
DOB: Our Bad in Harlem Bldg Collapse [NY Daily News]
Ask Babs: Is It Foolish to Eye Forcs? [NY Daily News]
City Responds to Foreclosure Crisis [Gotham Gazette]
AY Secures $55M in Public Dough [Crain's]
'Snice Opening Today!!! [OTBKB]
Weekend Subway Guide [NY Post]
A Shark is Jumped [Daily Intel]




Posted by Gabby at 8:00 AM | Comments (15)
Categories: Daily Links

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Comments

jeez, that BE article is a total mess. do these reporters get paid for writing this crap?

nevertheless, i leave with you these soundbites, for whatever they may be worth. would love to hear from the anon know-it-alls.

Still, Catsimatidis said he would start building one of his four planned towers along Myrtle Avenue, which would only have market-rate condos because the city doesn’t have any affordable housing bonds left right now. “Worse comes to worse, we’ll do a rental,” he said.

Catsimatidis said his first tower would have a drugstore and supermarket, and Halstead Property Director of Marketing William Ross said Don Capoccia’s nearby tower at Flatbush and Myrtle avenues would also have “positive retail.”

planeed market rate getting built, affordable on hold. yup.

Posted by: BrooklynLove at March 7, 2008 8:19 AM

BrooklynLove, unless you reveal your address and real name, then you are just as anonymous as the "know it alls".

Posted by: guest at March 7, 2008 9:11 AM

All hell's gonna break loose at 9:30AM. Wall Street's in trouble. Dean Street's in trouble. Pray to God the PPT delays this day of reckoning so you can cash out of your mid-reno brownstone.

Posted by: guest at March 7, 2008 9:17 AM

"Unfortunately, the banks are out of business," and not just for developers, said Catsimatidis.

Posted by: guest at March 7, 2008 9:45 AM

It's past 9:30 and the S&P and Nasdaq are slightly up, dow slighly down, recession is likely but we already knew that... please let me know when Armageddon is so I can plan ahead...

Posted by: oe at March 7, 2008 10:07 AM

That's the most beautiful photograph I've ever seen on Brownstoner!

Posted by: Bob Marvin at March 7, 2008 10:10 AM

10:07 - Google "Boiled Frog Syndrome."

Posted by: guest at March 7, 2008 10:25 AM

ditto bobmarvin

Posted by: rh at March 7, 2008 11:35 AM

"Ask Babs: Is It Foolish to Eye Forcs"

If I ever see that bitch, I would Tai-Kick her fucking head off. Babs is a shill for the Asshole Industrial Complex.

"Still, Catsimatidis said he would start building one of his four planned towers along Myrtle Avenue, which would only have market-rate condos because the city doesn’t have any affordable housing bonds left right now. “Worse comes to worse, we’ll do a rental,” he said."

Rant of the clueless! There is great turmoil in the credit markets now. Hedge Funds are getting asspounded on Margin Calls and a lack of liquidity. Here read this and Oh boy if you think that Real Estate is gonna rebound then, You are a asshole.

US corporate bond spreads approach widest on record

http://tinyurl.com/25bb4m

"Basically the gears of capitalism are pretty much grinding to a halt," said Mirko Mikelic, portfolio manager for Fifth Third Asset Management in Grand Rapids, Michigan. "What started as a little subprime problem has kind of morphed into a bigger problem for the bigger economy."

"grinding to a halt," This is the statement of the week.

The What (Tick... Tick... Tick...)

Someday this war is gonna end...

Posted by: guest at March 7, 2008 11:54 AM

9:11 - do you really not understand the difference between posting under random anon and consistently under a unique user name?

if not, then you likely have greater problems than this discussion.

Posted by: BrooklynLove at March 7, 2008 1:11 PM

I do understand but realize that difference to be irrelevant. The most important aspect of a post is it's content, not the name attached to it. All too often, people on this board respond to a point by noting that it was written by someone anonymous, as if that somehow refutes any given point.

Posted by: guest at March 7, 2008 2:40 PM

Asian markets are gonna get wacked early Monday. There's a spiral of fear out there. Stock market life support (PWGOFM aka PPT and DOW 12,000 "floor") plug keeps popping out. But this is irrelevant to brownstone prices. NOT.

Posted by: guest at March 7, 2008 3:06 PM

2:40 - wtf are you talking about? the posts giving me shit for poopooing the dead cas project specualtion were from anons. how else am i supposed to reference those posts?

the fact that you may post as anon is not siginificant to the substance of the post, it's significant b/c there is no way of having the perspective of your prior posts when evaluating your present post.

for example, when bob marvin posts about plg i take it seriously b/c i know that he is credible and knowledgable on that subject based on his history or posts on that subject.

Posted by: BrooklynLove at March 7, 2008 8:10 PM

"...when bob marvin posts about plg i take it seriously b/c i know that he is credible and knowledgable on that subject based on his history or posts on that subject."

You mean he tells you what you want to hear.

Posted by: guest at March 8, 2008 1:30 PM

1:30 - you need to revisit the application of logic and reality to your critical reasoning efforts b/c you're sounding like a delluded conspiracy theorist.

Posted by: BrooklynLove at March 9, 2008 9:47 AM

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