Even with pending Congressional hearings on the financing of Yankee Stadium, the federal government rules tax exempt bounds may be issued to finance the Yankees, Mets, and Nets sports arenas. [NY Times]
Ten immigrants gathering at a popular corner for day laboreres in Jackson Heights are arrested for blocking the sidewalk. [NY Times]
What $375,000 gets you. [NY Times]
Wachovia posts $23.9 billion in net third-quarter losses. [DealBook]
Worried about having enough cash for retirement? Trade your home in for a smaller apartment in the same neighborhood. [NYDN]
Older New Yorkers flee for the comfort of New Jersey’s new residential communities like Renaissance Homes—“a cross between a retirement community and adult summer camp.” [NYDN]
A retired correction officer-turned-landlord found beaten to death in his Bed-Stuy brownstone. [NYDN]
Battle ignites at JFK Airport over the fate of the concession workers at the old JetBlue terminal. [NYDN]
Brick boathouse on Meadow Lake—a long forgotten relic of the 1939 World’s Fair—due for a $6.5 million restoration early next year. [NYDN]
Between the Bricks: Lehman’s implosion means a slew of major developments around the city have been unable to draw down on their loans; Deutsche Bank splits a $1.6 billion mortgage among four buyers of Macklowe buildings. [NY Post]
Hi-tech ice-skating rink to open next month at the Museum of Natural History. [NY Post]
The era when illegal immigrants could easily secure a home mortgage without a Social Security number comes to a close. [WSJ]
