Columbia holds only public hearing on $6 billion expansion plan. [NY Times]

Rangel earned more than $75,000 from tourists renting at his villa in the Dominican Republic—all unreported to the IRS. [NY Times]

“Experimental” Bronx bus route saves passengers significant time. [NY Times]

Brokers offering popular home/wine pairings to aspiring second-home buyers. [NY Times]

Stocking up on second-home staples. [NY Times]

Latin America rife with affordable second-home opportunities. [NYDN]

A Caribbean island’s architectural paradise. [NYDN]

Deutsche Bank still smoking. [NYDN]

Former Credit Suisse broker returns to U.S. to face charges. [NY Post]

Manhattan Borough President Scott Stringer and Council Speaker Quinn urge the construction of more schools to meet a rising, condo-fed population. [NY Sun]

Lehman Brothers may off-load $32 billion in assets to a “bad bank.” [NY Sun]

Struggling firm Residential Capital, owned by GMAC, plans to shave a full $1 billion off expenses by cutting jobs and shuttering offices. [WSJ]

Canadians make up the largest percentage of foreign real-estate investors in the country. [WSJ]

Private Properties: NBA stars cut mansion prices; Mathew Modine grabs a $1.7 million Chelsea condo; Hearst estate no longer on the market. [WSJ]

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