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The New York Observer

The Round-Up: Tuesday

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February 5, 2008 | 9:14 a.m.

On Wall Street, neither humiliation, defeat nor a $34 billion write-down mean professional exile. [NY Times]

In January, all five boroughs posted the sharpest annual one-month rise for foreclosures in two years. [NY Post]

First look at Boston Properties' Eighth Avenue tower. [NY Post]

China Merchants Bank is on track to open the first Chinese bank branch in New York in 20 years. [Crain's]

Business improvement district in Belmont could boost commercial prospects of "Bronx's Little Italy." [NYDN]

Preservationists are set to clash with developers behind the Domino sugar refinery at Landmarks Preservation Commission hearing today.[NY Sun]

Over the past three months it has been tougher to get loans, especially for real estate, said the Federal Reserve. [NY Sun]

Better late than never? CDO's may be downgraded as many as five-levels as mortgage related losses force Fitch to review its criteria. [Bloomberg]

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