In This Week's Observer...

Hunter's Jennifer Raab Hunter College jumps into real estate Hunter College is getting into the real-estate business. College President Jennifer Raab wants to sell off the school's 3.5-acre Kips Bay nursing campus, near the recently sold Peter Cooper Village at 25th Street and the F.D.R. Drive, and build a 16-story building for science and health-professions programs at 67th Street and Second Avenue, closer to its overcrowded main campus on the Upper East Side. Go to the story by Matthew Schuerman Artist's old Soho haunt sells for $9 million When the 94-year-old painter Buffie Johnson, a stalwart of Abstract Expressionism, died this August, she left behind a three-story loft building at 102 Greene Street. Her estate listed the 8,968-square-foot place with Corcoran vice president Wendy Maitland for $8.5 million, and Ms. Maitland said this week that it's gone to contract for over $9 million. Go to the story by Max Abelson