The Round-Up: Friday

A century-old metalwork shop in Soho closes to make way for luxury condos. [NY Times]

The latest jobs report shows that the city's jobs market is gaining as the rest of the state's weakens. [NY Times]

The Nets arena is not even done yet, but luxury suites are already selling. [NY Times]

Wall Street workers are losing their jobs in ever increasing numbers in a wave of "stealth layoffs." [NY Times]

Donald Trump sues Israeli developers who had licensed his name after they flipped the property where a "Trump Plaza" was supposed to be built. [NY Post]

A congested intersection in the Meatpacking District has been transformed into a car-free, public plaza. [NY Post]

MTA officials were trying to stop a serial subway robber when they cut power and interrupted service on the L train this week. [NYDN]

Report: New York City is the second most expensive summer tourist destination in America. [NYDN]

The Port Authority is trying to negotiate with Larry Silverstein to avoid paying him $14 million in penalties. [NY Sun]

Governor Paterson's apartment is rent-stabilized. [NY Sun]