- 1. Washington Mutual reports a $3.3
billion loss tied to subprime loans, and projects mortgage-related
losses will be high through 2011 [Bloomberg]
- 2. Brookfield Properties has no plans to cut office rents as
its New York City
vacancy rate remains at 2 percent [Bloomberg]
- 3. Fannie Mae acquired twice as many homes through foreclosure
in the first quarter as it sold [Bloomberg]
- 4. More evidence that the “Real World” is moving from
Downtown Brooklyn’s Belltel Lofts to Pier 41 at Van Dyke Street [Brooklyn Paper]
- 5. Real Capital Analytics has made real estate journalist and
publisher Peter Slatin its editorial director and associate publisher [GlobeSt.]
- 6. Corcoran has a $38 million listing for a five-bedroom, seven-plus-bathroom
duplex at 740 Park Avenue [NYO]
