Euro banks ditch commercial RE assets, why Americans love the ‘burbs … and more

Jersey boardwalk after dark
Jersey boardwalk after dark

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1. Photographer Michael Massaia captures Jersey boardwalks at twilight [Daily Mail]
2. Despite urbanist hype, Americans still in love with suburbs [Trulia]
3. But a very cute mustachioed walrus has a new home in the big city [NYT]
4. European banks ditch commercial real estate assets as they prepare to be hit with new European Union capital requirements [WSJ]
5. None of the MTA’s fare proposals are good for your wallet; Metrocards could jump to $125 a month [Daily Mail]
6. Large private-equity firms run the show when it comes to buying and renovating foreclosures [WSJ]
7. A sit-down with Cogsville Group CEO Donald Cogsville [NYT]
8. Developer banks on casino outside Washington, as vote looms [NYT]
9. Fastbreak Kids, a children’s gym, takes a mighty 7,400 square feet on the UES [Crain’s]
10. The National Association of Realtors says there’s a lot of misinformation about the 3.8 percent tax; here are 10 things the Association thinks you should know about it [Realtor.com]