AM Luxe Weekly Edition 3/11/2010

Economy

U.S. Jobless Filings Fall, but Not as Much as Expected

While both claims and the four-week average remain at uncomfortably high levels, the labor market is showing signs of stabilizing. Government data this week showed jobs opened up in January at the fastest pace in nearly a year…

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The Market

NYC Sees 23% Drop In Foreclosures

Overall, the city saw 1,401 foreclosure filings — default notices, scheduled auctions and bank repossessions — last month, down 23 percent from January and 5.5 percent…

State sides with landlord in Tribeca rent-stabilization case

Laurence Gluck was within his rights when he began charging market-rate rents at Independence Plaza North, the state’s housing agency has determined. Gluck, who took the 1,339-unit building at 80 North Moore Street in Tribeca out of the state’s Mitchell-Lama housing program…

Adam Gordon Finds Buyer for $19.5 Million UMS Townhouse

The Post and the Observer report that 26 West 76th Street, the other major renovation from baron of Bond Street Adam Gordon and architect Steven Harris, has gone into contract. Its last list price was $19.5 million, down from the original…

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Our Neighborhood

A better ‘Vue’ is coming to the roof of Hotel LeBleu

The shuttering of the Vue — which happened on Monday — comes as welcome news to many of its neighbors who bombarded city agencies with complaints about the noise from the freaknasty club and…

348 Clermont Avenue Getting Demolished

File this one under “Gigantic Bummer.” Following a November 2009 determination by the Department of Buildings that 348 Clermont Avenue was unsafe and needed to be torn down, HPD contractors arrived yesterday…

Today’s The Big Day at Atlantic Yards

After the years of lawsuits (the last of which was concluded yesterday), public acrimony and lack of transparency, Bruce Ratner is scheduled to break ground on his divisive Atlantic Yards project this morning. At this point, all we can really do is hope that the whole project ends up…

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Food

The 38 Essential New York Restaurants

It’s time to update the Eater 38, your answer and ours to any question that begins, “Can you recommend a restaurant…” This highly elite group covers the entire city, spans myriad cuisines, and collectively satisfies all of your restaurant needs, save for those occasions when you absolutely must spend…

Tavern on the Green will Keep it’s Name When/If it Reopens

The Times brings word that a judge has finally made a ruling on the hotly disputed and drawn out case of the Tavern on the Green name. According to today’s decision, the city is the rightful owner of the name, even though owner Warner LeRoy trademarked it…

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