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Mexican billionaire Carlos Slim buys Fifth Avenue townhouse for $44M … and more

1. Mexican billionaire Carlos Slim buys Fifth Avenue townhouse for $44M
[WSJ]

2. Foreclosure starts hit record high for Fannie, Freddie loans [Inman]
3. CBRE reports $54.8 million profit in second quarter [LA Times]
4. New bar and music venue Pine Box Rock Shop to open in East Williamsburg [Brooklyn Paper]
5. Evaluating the progress at the World Trade Center site [Media Bistro]
6. Art of Living Foundation yoga center stretches to new location at 286 Fifth Avenue [Crain’s]
7. HAMP default rate to be revised [Truth about Mortgage]
8. 70 Greene in Jersey City offers short-term subletting [Metro]
9. Cassa Hotel and Residences to open Aug. 1 at 70 West 45th Street [Crain’s]
10. Former Brooklyn Savings bank on Montague Street sells for a rumored $30 million [Brooklyn Eagle]
11. New York beaches see increase in closings [Crain’s]
12. Brooklyn bakery ScratchBread looking for donations to lease Bed-Stuy space [Eater]

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