The Round-Up: Friday

Days before the legal deadline, city officials reach a deal on a $59.1 billion budget that preserves a 7 percent property tax cut. [NY Times]

One out of every 20 New York jobs are offered by companies with ties to foreign investment says a report to be released later today by the Partnership for New York City. [NY Times]

City Council unveils its “anti-Spidey law” – a bill that would impose harsher penalties on New Yorkers who climb tall buildings or jump from their roof tops. [NY Times]

Dispute on a Queens bus leads to the death of a 15-year-old girl. [NY Times]

Governor Paterson is expected to approve a proposal next week that would make New York more open to foreign reinsurers. [NY Sun]

A crucial report on ground zero redevelopment to be unveiled at a Port Authority board meeting on Monday won’t include timelines for construction of the World Trade Center towers. [NY Sun]

A five-week sweep of local home-improvement contractors suspected of fraud yields charges against more than 700. [NY Post]

MetLife plans to sublease 410,000 square feet – or 12 floors – of its new midtown office before moving in next year. [Crain’s]