The Round-Up: Tuesday

Beacon Theater gets a six-month, $15 million makeover. [NY Times]

Competing interests at Willets Point. [NY Times]

The Italian American Museum opens at its new location—a Little Italy bank used by Italian immigrants at the turn of the 20th century. [NY Times]

New Jersey faces significant opposition to a $3.9 billion school construction initiative. [NY Times]

Congress prepares for “epic political fight” over Freddie and Fannie’s future. [NY Times]

City officials push to keep Astroland open until a new, permanent location can be found. [NYDN]

Bronx residents ignored by the city’s 5,722 national chain stores. [NYDN]

Landmark Bronx building along Courtlandt Avenue goes up for sale. [NDYN]

Queens apartment for rent above the nation’s first supermarket. [NYDN]

Between the Bricks: An East Bronx hotel that used to offer $40-a-hour “fantasy rooms” sells for $11.7 million. [NY Post]

Vesey Street may close for years to allow Ground Zero construction. [NY Sun]

The Bowery’s New Museum buys building next door for $16.6 million. [NY Sun]

Stock markets continue to rise after Fannie and Freddie bailout. [WSJ]