Moody’s predicts 10 years until a housing recovery … and more

1. Moody’s predicts 10 years until a housing recovery [Matrix]
2. Bob Knakal talks about REMIC modifications and their impact on commercial real estate [Knakal StreetWise]
3. Q & A with the three heads of CB Richard Ellis about commercial real estate [Observer]
4. Bridgehampton home available for two-week summer rentals [The Street]
5. “Area” chain takes over storefronts along Smith and Court Streets in Brooklyn [NYT]
6. Last look at old Carroll Gardens subway plaza on Second Place before luxury condos are built [Pardon Me for Asking]
6. The smallest studio apartment on the market [NY Mag]
7. Converting vacant office buildings into apartments [NY Mag]
8. 1212 Fifth Avenue bought by Durst Fetner Residential for $42 million [Observer]
9. Student-designed playground completed for Crown Heights public school [Brooklyn Eagle]
10. New Gowanus three-story nightclub nears completion [Brownstoner]
11. Taking a look at starchitecture after the bust [NY Mag]
12. Opponents of East Hampton Town’s purchase of the former Boys Harbor become more vocal [East Hampton Star]
13. Shoddy Greenpoint Hotel bought for $3.5 million [Brownstoner]
14. FHA replaces subprime mortgage lenders who went bust [Seeking Alpha]
15. John Cushman predicts more problems for commercial sector [Realtor via AP]
16. Unemployed may get governmental assistance [Realtor via USA Today]
17. Realtors warning homebuyers to hold off on large purchases before closing day [WSJ]
18. Strategically defaulting on homes is a growing problem among homeowners [LA Times]

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