The Real Estate

The Round-Up: Wednesday

After 24 hours of compromises, a bailout package heads to the Senate for a vote today. [NY Times]

New York’s real estate bonanza comes to a screeching halt. [NY Times]

Manhattan businesses—once insulated from the economic turmoil roiling the country—now worry if banks will cut off their credit lines. [NY Times]

With the possibility of losing as many as 120,000 jobs, New York State plans to ask for $60 million in federal assistance. [NY Times]

Paterson explores the option of selling public assets, like the Tappan Zee Bridge, to private companies as a means of raising capital. [NY Times]

What $750,000 gets you. [NY Times]

Bidders for the purchase of Starrett City—now known as Spring Creek Towers—down to just two, very different firms. [NYDN]

Bay Ridge gets its long sought-after greenmarket, but not for long. [NYDN]

Lou Reed wants a street named after him, but he’s not picky: “Any little street would do.” [NYDN]

CUNY breaks ground on its LEED-certified Lehman Science Center. [NYDN]

City approves construction of a highly-controversial 12-story dorm in Long Island City. [NYDN]

Troubled Parkway Hospital in Forest Hills, Queens to stay open a couple more weeks. [NYDN]

Between the Bricks: Larry Silverstein to push ahead with WTC towers for a 2012 opening regardless of market conditions. [NY Post]

Prices of single-family homes in the New York area fell a massive 7.4 percent this summer. [NY Post]

Nine finalists in bike-rack design competition on display in Astor Place. [NY Post]

Wall Street’s collapse threatens Washington, D.C.’s once-vibrant commercial real-estate market. [WSJ]

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