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Glossier founder is buyer of $22M Brooklyn townhouseGlossier founder is buyer of $22M Brooklyn townhouseBrookfield’s deal to sell 777 Tower in Downtown LA collapsesBrookfield’s deal to sell 777 Tower in Downtown LA collapsesSwig finds new bottom with DTLA office sale at $94 a sfSwig finds new bottom with DTLA office sale at $94 a sfDevelopers have a new tax break. Now they must figure it outDevelopers have a new tax break. Now they must figure it out
New York

Viridian likely to go rental, recession adds to WTC delays … and more

1. Viridian condo in Greenpoint likely to go rental [Curbed]

2. Greenbelt condos almost sold out [Brownstoner]
3. Fed may cut federal funds rate to historic low [Fox Business]
4. Trading down in a down market [Urban Digs]

5. Ira Luntz of ListingBook.com predicts Internet will help with real estate recovery [Inman]

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6. Bankruptcies up in New York [NYT]

7.

Recession adds to World Trade Center site delays [WSJ]

8. Comptroller says city deficit will likely reach $1.9 billion in 2009 [Crain’s]
9. Home sales and prices will continue to fall next year [Market Watch]

10. National Association of Realtors supports Shaun Donovan as head of
the U.S. Department of Housing and Urban Development [Market Watch]