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The New York Observer

The Round-Up: Tuesday

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January 6, 2009 | 7:45 a.m.

Luxury Manhattan homes now selling for less and taking longer to sell. [NY Post]

More on the charges against the rigger in last year's fatal East 51st crane collapse. [NY Post]

Realty Check: Sources say sale of 1540 Broadway looming--and it won't be for all that much. Meanwhile, efforts to sell Worldwide Plaza may be on hold. And the Metro Theater at 99th and Broadway becoming an Urban Outfitters. [NY Post]

Goody's Family Clothing going out of business. [NY Post]

Bloomberg's plan to create or preserve 165,000 units of affordable housing by 2013 has been pushed back a year because of the recession. [NY Times]

Manhattan fourth-quarter housing reports show declines in deal-making. [NY Times]

Great recession saves Upper West Side's Emerald Inn from eviction. [NY Times]

Nonresidential projects help construction spending nationwide fall less than expected. [NY Times]

One report says Manhattan housing sales dropped 34 percent quarterly. [NYDN]

Two tenants and a building manager go on trial for Bronx blaze that killed two firefighters. [NYDN]

Two New York mortgage brokerages agree to pay restitution after charging minorities higher fees. [Crain's]

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