Manhattan DA indicts three supervisors and a subcontractor for gross negligence in the Deutsche Bank building fire, while the city escapes without a charge. [NY Times]
MTA considering a proposal to raise single ride fares to $3. [NY Times]
The number of families housed in the city’s shelters jumped to 9,720 last month—the highest number in at least 25 years. [NY Times]
Federal regulators allowed IndyMac to backdate a $18 million contribution in order to save the bank's hide for a few more months. [NY Times]
Housing Authority threatening to close 19 community centers citywide. [NYDN]
District Attorney Robert Morgenthau releases the details of his investigation into the Deutsche Bank building fire. read more »
Copyright Obser - Observer
