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The New York Observer

The (Big) Round-Up: Monday

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October 6, 2008 | 8:52 a.m.

After buying a bundle of low-income housing complexes in Harlem, Brooklyn, and the South Bronx, private equity firms struggle to turn a profit and avoid foreclosure. [NY Times]

New Jersey offers a glimpse of what a New York recession might look like. [NY Times]

While “family friendly” housing is super popular these days, many families only have a hazy sense of what they’re buying in to. [NY Times]

Looking for modern living in historic Princeton. [NY Times]

Middle Village: a pocket of quaint, ageless suburbia just off the JMZ. [NY Times]

Credit crisis or no, Long Island’s luxury market remains robust. [NY Times]

…As does New Jersey’s bustling rental market. [NY Times]

A rash of foreclosures sweeps through Westchester County. [NY Times]

Giant brick wall separating two Beekman Place townhouses sparks legal battle. [NY Times]

The city’s wealthiest real estate players undeterred by Wall Street’s collapse. [NY Times]

After seeing 1.2 million New Yorkers marry since 1930, the Manhattan Marriage Bureau moves to cushier quarters. [NY Times]

The George Washington Bridge Bus Station—New York’s other bus terminal—now in line for a $152 million renovation. [NY Times]

Williamsburg’s famed Kellogg’s Diner reopens after a big renovation, and (predictably) not everyone is happy about it. [NY Times]

More private busses clog Hell’s Kitchen’s already congested arteries. [NY Times]

Battery Park City residents feel more isolated than ever now that a local mobile postal service van has stopped making its rounds. [NY Times]

A new contractor hired to fix housing complex elevators uses the same building—and the same foreman—as a Bronx firm banned from the same work two years earlier. [NYDN]

Original Carvel ice cream shop in Hartsdale closes, ending 72 years of business. [NYDN]

Willets Point business owners accuse Queens Borough President Claire Shulman of lobbying on behalf of Bloomberg’s redevelopment plan without a license. [NYDN]

Trial postponed again for those accused of starting the Bronx’s “Black Sunday” apartment fire three years ago. [NYDN]

While park enforcement is paid for by private companies running Battery Park City and Hudson River Park, Brooklyn’s vast parklands have to rely on skimpy tax dollars—that means significantly fewer Parks Enforcement Patrol officers. [NYDN]

Cuomo’s investigation into LIRR pension scam now focused on a former head of the US Railroad Retirement Board’s Westbury office. [NY Post]

Con Ed bills jumped 58 percent for New Yorkers this past air-conditioning season. [NY Post]

Connecticut firm hired to monitor the psychological health of WTC construction workers has a few skeletons in its closet. [NY Post]

Elevator operator at Deutsche Bank building files lawsuit claiming he was fired for alerting the city of rampant safety violations at the site. [NY Post]

With home-decorating clients increasingly cautious, industry professionals turn to cheaper, more Ikea-friendly options. [WSJ]

As the Feds push for a resolution to the disputed buyout deal, Citigroup and Wells Fargo may split ownership of Wachovia’s operations along geographic lines—with Citigroup getting Northeast and mid-Atlantic branches and Wells Fargo taking over operations in the Southeast and West Coast. [WSJ]

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