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Lawmakers reach sweeping housing deal with “good cause eviction,” new 421aLawmakers reach sweeping housing deal with “good cause eviction,” new 421aLincoln Property defaults on Newport Beach office loanLincoln Property defaults on Newport Beach office loanMeridian’s Ralph Herzka gives rallying call, despite strugglesMeridian’s Ralph Herzka gives rallying call, despite strugglesCharles Cohen’s 750 Lex value slashed by 83%, foreclosure loomsCharles Cohen’s 750 Lex value slashed by 83%, foreclosure looms
New York

Africa Israel looks into possible renewed Manhattan investment … and more

1. Philanthropist Eli Broad sells 781 Fifth Avenue co-op for $8 million almost half off the original asking price [NYO]

2. Following $2 billion debt accumulation, Africa Israel dips toe back into Manhattan investment pool [Daily Buisnes]

3. Eastern Consolidated broker sees rise in half-stake deals in commercial buildings across the city [NYO]

4. Nightclub owner and alleged crony in scandal surrounding State Senator Carl Kruger set to star in Lifetime channel reality show [Sheepshead Bites]

5. More economists caution against buying homes, in the wake of subprime mortgage crisis [CNBC]

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6. FHA commisioner David Stevens to head Mortgage Bankers Association, effective June 1 [National Mortgage News]

7. Rate of first and second mortgage defaults decline in February nationwide [Truth About Mortgage]

8. Newly launched solar power panel in Queens set to provide 270,000 kilowatts of energy annually [Architect’s Newspaper]

9. A rundown of tips to ride out the U.S. housing market in unpredictable times [Daily Finance]

10. SmartMoney editor weighs in on affordable housing crisis nationwide [SmartMoney]