Citigroup gets crunched … and more 

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  • 1. Citigroup created a $2.5 billion mortgage-backed security called Bonifacius last August that failed within six months [Bloomberg]
  • 2. Lower East Side rallies to raise money for Coney Island [NYO]
  • 3. Beloved old red building in Long Island City to be demolished [LIQcity]
  • 4. Exeter Property Company tries some unusual adverting in Jersey City [Curbed]