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The Afternoon Wrap: Friday

As the economy tanks, the bankruptcy business booms. [City Room]

Thirty-room hotel with high-end design courtesy of Lang Architecture coming to Brooklyn… East New York, to be exact. [Curbed]

Greenpoint’s CB1 approves Ismael Leyva’s 40-story waterfront tower without a peep of protest from the community. [Curbed]

Eve Weinstein, Harvey’s ex-wife, puts her four-bedroom apartment at 1133 Fifth Avenue on the market for $13.5 million; Gossip Girl’s Michelle Hurd and husband, actor Garret Dillahunt, grab a $1.35 million condo at Battery Park City’s Riverhouse. [Cityfile]

As the nationwide foreclosure rate jumps to 2.97 percent—a 76 percent increase from last year—a record one in 10 Americans are either behind on their mortgage payments are in foreclosure. [CNN CNN
 or Cable News Network

Subsidiary company of Turner Broadcasting Systems. It was created by Ted Turner in 1980 to present 24-hour live news broadcasts, using satellites to transmit reports from news bureaus around the world.
 Money via TRD TRD Trading
TRD Toyota Racing Development
TRD Transition Radiation Detector
TRD Technische Regeln für Dampfkessel (German: Technical Regulations for Boilers)
TRD Technical Requirements Document
TRD Trust Deed
]

City to begin massive reconstruction of the five-way intersection at Chinatown’s Chatham Square in just seven months, and residents are not happy. [TRD]

OSHA OSHA
n.
Occupational Safety and Health Administration, a branch of the US Department of Labor responsible for establishing and enforcing safety and health standards in the workplace.
 review reveals startling rise in NYC NYC
abbr.
New York City


NYC New York City
 construction fatalities. [Queens Crap]

Transportation Alternatives gets tentative community support for a Prospect Park “road diet.” [Streets Blog]

The Bari family to sell the eight-building portfolio they've owned on the Bowery sinced the 1940s. [EVG EVG Elektronisches Vorschaltgerät (German: Electronic Ballast)
EVG Enterrement de Vie de Garçon (French)
EVG Evaluator Group
 via BoweryBoogie]

Merrill Lynch shareholders vote to approve its acquisition by Bank of America
See also:  and


Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world.
, a deal OK'ed by the Federal Reserve on Monday. [GlobeSt]
Copyright 2008 The New York Observer
No portion of this article can be reproduced without the express written permission from the copyright holder.
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Article Details
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Author:John S.W. MacDonald
Publication:The New York Observer
Date:Dec 5, 2008
Words:207
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