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New York

Commercial defaults could rise to 17-year high … and more

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1. Commercial mortgage defaults may rise to 17-year high [Bloomberg]
2. Mott Haven residents angry over city plan to plant trees on blocks [NYDN]
3. Crowds trashing Times Square pedestrian plaza [Post]
4. Wells Fargo now sharing in Wachovia’s troubles [Post]
5. Mortgage Originator Magazine folds [Folio]