The (Big) Round-Up: Monday

NYC owes local companies $800 million in tax refunds after many of them overpaid based on more optimistic performance forecasts. [NY Times]

After seven years of repairs and construction, the Cathedral Church of St. John the Divine is finally rededicated on Sunday. [NY Times]

Gertrude Vanderbilt Whitney’s landmarked former studio at the New York Studio School of Drawing, Painting, and Sculpture is falling apart, but help is on the way. [NY Times]

Preservationists complain that too many of the city’s churches and synagogues are being lost to development. [NY Times]

In Fort Greene, a site once destined for more condos has become ground zero for a new residential experiment known as “cohousing.” [NY Times]

A River House duplex ensnared in a post-divorce custody battle finally hits the market for $15 million. [NY Times]

Newark’s director of community development finds a home in the first new luxury apartment complex built in the city in 40 years. [NY Times]

New state regulations have made it easier for organizations like New Jersey’s Our House—a non-profit that creates housing for the developmentally disabled—to find affordable homes for their clients. [NY Times]

The Murray Hill condo known as The Jasper to become a boutique hotel after a faltering economy put the kibosh on sales. [NY Times]

Months before its first section opens to the public, the High Line has already attracted $4 billion in private investment. [NY Times]

As head of the state commission created to rescue the MTA, Richard Ravitch goes looking for a savior while the state struggles with its own budget deficits. [NY Times]

Bloomberg bartered away parking spaces and billboard revenues in order to secure access to a luxury suite at the new Yankee Stadium. [NY Times]

In New York, an average street corner offers near-endless possibilities. [NY Times]

Sloane Crosley’s UWS apartment building undergoes the dreaded “major capital improvement.” [NY Times]

After construction on a Park Slope condo upended part of J. J. Byrne Park three years ago, the developer finally makes good on a promise to repair and reopen the park. [NY Times]

Cyclists push for a protected bike lane along the notoriously dangerous Queens Boulevard. [NY Times]

Activists unveil new memorial at Hudson River Park on the eve of the 20th annual World AIDS Day. [NYDN]

Councilman Gennaro introduces a bill that would require large retail stores to provide adequate security during a big sale. [NYDN]

Costs to construct a water filtration plant below Van Cortlandt Park—due to be completed by 2012—skyrocket to $3.1 billion. [NYDN]

City cuts part of its pledged $2 million in funding to support low-income Brooklynites displaced by waterfront development. [NYDN]

City considering using imminent domain to build Bay Ridge school. [NYDN]

Support grows from City Hall to split the 105th police precinct in eastern Queens. [NYDN]

Jamaica families concerned over the arrival of a shelter for recovering male addicts. [NYDN]

The number of New Yorkers unable to pay their property taxes to rise by one-third this year. [NYDN]

Late for work because of the subway? Just get a delay-verification notice from the MTA to show to your skeptical boss. [NY Post]

Even if fares rise to $2.50, the cost of a NYC subway ride will still compare favorably to rates worldwide. [NY Post]

Citigroup to sell small custody administration business in Japan for $420 million. [NY Post]

With more units lying vacant, active adult communities nationwide consider lowering age restrictions. [WSJ]

Deutsche Bank sues Donald Trump demanding a $40 million personal guarantee stemming from a 2005 construction loan for his Chicago tower. [WSJ]