Skepticism turns to broad payroll tax in M.T.A. rescue plan. [NY Times]
Feds pondering how best to tame the foreclosure menace. [NY Times]
... some interest-rate relief might help. [WSJ]
Design team working away on Governors Island, even though it's still "one of those things that could wind up without a chair when the music stops." [Archpaper]
Stalled projects are "question marks" on the NYC skyline. [IHT]
Smith, Espada, Klein throw a wrench in rent reg reform. [NYDN]
Something rotten in Morgan Stanley's China real estate. [WSJ]
Lehigh students apparently didn't get the memo about apartment prices these days. [Brown and White via TRD]
Copyright Obser - Observer
