–A legal setback for JDS Development’s proposed mega-tower, which would be built over a low-income senior building in the Two Bridges area. An appeals court rules in favor of Little Cherry LLC, a development firm, holding a long-term lease on a neighboring property. [The City]
–“A wealthy, anonymous individual” has bought the Boys’ Club building on East 10th Street for $32 million and plans — through a non-profit foundation — to preserve it for community use. [Crain’s]
–The owner of 196 Orchard Street sells the retail portion of its building for $89 million. The complex includes Equinox and Marshalls. [The Real Deal]
–How to avoid the next Amazon debacle? The executive director of the Urban Land Institute says the community-led plan on the Lower East Side that resulted in Essex Crossing could be a model for other neighborhoods. [City Limits]
–A new report that was cloaked in secrecy for years shows that the city’s practice of favoring local residents in affordable housing projects promotes neighborhood segregation. City officials argue that the report does not tell the whole story. Â [New York Times]
–Iris Chiu, the principal of the Shuang Wen School, has announced her retirement, explaining that the time had come for her to return to Taiwan to care for aging parents. Chiu got caught up in controversy earlier this year when a Shuang Wen teacher showed students an anti-abortion video. [Daily News]
–Natasha Lyonne’s love letter to the East Village, Russian doll, pulls in 13 Emmy Award nominations. [New York Times]
–Remembering East Village artist Steve Cannon, who “maintained an open-door policy at his three-story Federal-style townhouse in the East Village… creating a salon that welcomed a revolving cast of visitors to join a continuing conversation.” [New York Times]
–Actor Justin Theroux is opening a bar called Ray’s at 177 Chrystie St. with the partners from the shuttered Le Turtle. [Eater]