Lehman’s tower at 745 Seventh Avenue falls into Barclays’ hands. [NY Times]
City agrees to basic standards for treating homeless New Yorkers seeking shelter, ending a 25-year litigation battle. [NY Times]
The annual Mayor’s Management Report is released featuring 1,219 performance indicators—from the number of condoms given out (39,070) to the number of homicides (516). [NY Times]
Signs of Wall Street’s effect on small NYC businesses are less obvious, though no less real. [NY Times]
Judge awards $18.3 million to fish-worker paralyzed in 2003 ferry crash, bringing NYC’s total liability to $72.6 million. [NY Times]
Financial crisis enters dire new phase. read more »
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