The Round-Up: Wednesday

A federal appellate court rejected the Airline Passengers' Bill of Rights New York state passed in January, putting the prospect of similar bills in other states into doubt. [NY Times]

Be it ever so illogical: Homeowners are refusing to cut asking prices in the current market. [NY Times]

When Astor Wines and Spirits moved to the Divinne Press Building two years ago, they added cooking classes, a wine tasting room, and some micro turbines to generate electricity. [NY Times]

The median sales price of a rent stabilized building in Manhattan soared from $1.99 million to $4.5 million between 2003 and 2007, a new report shows. [NY Post]

The top broker at Brown Harris Stevens is one of 31 real estate agents under investigation for tax evasion. [NY Post]

Between the Bricks: Commercial real estate brokers have reason to be cheerful. [NY Post]

The NYPD wants to take over security operations at the World Trade Center from the Port Authority. [NYDN]

Chef David Bouley finally gets Community Board 1's approval for a liquor license at his new Tribeca restaurant. [NY Sun]

Just as mortgage lender Countrywide Financial Corp. became the poster child of the housing bust, Corus Bankshares of Chicago might come to symbolize the sequel: the condo crash. [WSJ]