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New York

House shares are illegal in Southampton … and more

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1. Presenting the five U.S. banks with the most to lose in a commercial real estate double dip
[The Street]
2. Apparently, oft-practiced house shares are illegal in Southampton
[Curbed]
3. Investors increasingly opt for asset-backed securities rather than risky corporate bonds or mortgage-backed securities
[WSJ]
4. Will the country’s only math museum, soon to be open at 11 East 26th Street, be successful?
[NYT]
5. Barbara Corcoran says availability of cheap money means now is the perfect time to buy
[MoneyWatch]
6. Bloomberg plans to erect signs with maps and guides throughout city streets
[NYT]
7. Manhattan’s office building sales market posts big second quarter gains
[Crain’s]
8. Newsweek and the Daily Beast ditch downtown office for Gehry’s IAC building in Chelsea
[NYO]
9. South Slope home bought for $525,000 in 2005 sells for $1.26M
[Brownstoner]