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    Our longer Scarano nightmare may finally be over.

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    So now we just call him Sir? Norman Foster, de-Lorded over tax evasion scandal (via).

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    The Times reports on the depressingly routine pillaging of the BPCA fund without bothering to note the ‘innovative’ plan of Bloomberg to use the surplus to fund low-income housing was actually just the two decade late implementation of the original agreement.

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    Antonio Pagan, probably best known for the antipathy he generated in his district among housing advoates, died at 50.

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    An architecture tabloid? Really Eva? Sigh. Who made you do that?

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    The important thing to remember about the potential default of Stuy Town is that three years ago it was a completely paid for, tidily, but not extraordinarily profitable enterprise for previous owner MetLife. Debt-free, positive cash-flow, in the best rental market in the US. Now it’s US$5BN in the hole, and not generating enough cash flow to make the interest servicing. There’s your economic meltdown in a nutshell.

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    Good to see the destruction of culture continues apace even when the specter of overdevelopment no longer looms: the Ohio Theater will no longer be in the heart of it all.

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    Relative bailouts and civic quality of life update: Paterson recommends complete defunding of all zoos, aquariums and gardens (maybe the Bronx Zoo should rename itself ‘Yankee Zoo’) — watch the vid the Times won’t link to here — while Henry Blodget opines that 75% of the $20 billion just given to BAC is for bonuses.

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    Nine Days in January: Prime resys available 2/3rds of the time at A-list haunts.

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    The East Village of my youth, like tears in rain: Around the Clock rumored to close entirely.

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