Morning Reads: $350 Million For Building Repairs, Gambling Parlor Revamp, Satan’s Gallery on East Broadway

The mayor is setting up a $350 million fund, with the help of big banks, to renovate buildings and preserve affordable housing (NYT).

Editorial: Be careful what you wish for in ending the city’s “poor door”/inclusionary housing loophole (Daily News).

A former East Broadway gambling den is “now in the process of upgrading and repositioning… to attract new tenants.” (Commercial Observer)

The Landmarks Preservation Commission defends the practice of giving property owners early warning regarding designation applications (Cityland).

ICYMI: Restaurants on the ropes as high rents make doing business in Manhattan nearly impossible – a closer look (Village Voice).

Editorial: it’s time to end the state’s $420 million film production tax credit (Times Union).

Structural issues force the temporary closure of three businesses on East 5th Street (EV Grieve).

Vector Gallery, the ‘official art gallery of Satan,” has made the move from Clinton Street to 154 East Broadway. Opening night is tomorrow (Hyperallergic).