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New York

Disney in lease negotiations for Times Square spot, high land prices thwart builders’ recovery … and more

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1. Yet another lawsuit threatens Atlantic Yards project [Crain’s] 
2. Upper East Side auction house extension gets the OK [Post]
3. Regulators will set commercial loan modification guidelines [Bloomberg] 
4. Disney in lease negotiations on Times Square sites [Post, 2nd item] 
5. Icahn’s son buys $2.9M penthouse duplex at the Piano Factory [NYO] 
6. Hidrock Realty scoops up non-performing 960 Sixth Avenue mortgage [Post, 3rd item]  
7. German insurer looks for bargains in U.S. commercial real estate [Bloomberg] 
8. Land prices hold off builders’ recovery [WSJ] 
9. “Haunted” West Village house on the market for $4.2M, ghosts included [NYDN]
10. Commercial lender CIT Group CEO resigns [Crain’s] 
11. Number of homeless in NYC shelters reaches an all-time high [Post] 
12. Briatore rents his Plaza apartment for nearly $65,000 per month [NYO]