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The New York Observer

The Round-Up: Tuesday

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December 2, 2008 | 8:57 a.m.

Schumer report says there are as many as 60,000 low-income apartments in NYC in danger of falling into ruin because of “predatory” real estate investors. [NY Times]

Long-time Statue of Liberty concessionaires fend off challenges from bigger companies to have their contract extended for another 10 years. [NY Times]

Facing a massive rent increase, the Theater District’s famous Ray’s Real Pizza decamps to Jersey. [NY Times]

The Landmarks Preservation Commission struggles to balance the needs of anxious developers and well-mobilized preservationists. [NY Times]

New report reveals the scope of the elevator malfunction behind Jacob Neuman’s death. [NY Times]

Alain Robert—the first man to scale the New York Times building last summer—gets a $250 fine and three days community service. [NY Times]

NYC fixing up the worst housing complexes and charging the landlords. [NYDN]

As the economy tanks and more workers are laid off, New Yorkers are turning to “co-workspaces” to save money as they change career paths. [NYDN]

DOT balks on signing off on a new firehouse for the Broad Channel Volunteer Fire Department. [NYDN]

The city’s budget problems stall a plan to replace the 110th Precinct building near Flushing Meadows-Corona Park. [NYDN]

As the Yankees get set to enjoy their second baseball stadium, the local Bronx community will have to go without the four regulation ballparks swept away by the construction. [NYDN]

Realty Check: Eighty-story Park Hyatt Hotel to rise from Extell’s West 57th Street hole. [NY Post]

Vintage M.T.A. buses from the 60s and 70s return to NYC streets for the holidays. [NY Post]

In today’s restrictive lending culture, self-employed professionals can’t secure mortgages like they used to. [WSJ]

As giant mortgage lenders are slain by the credit crisis, smaller lenders step up to the plate. [WSJ]

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