Africa Israel looks into possible renewed Manhattan investment … and more

March 15, 2011 05:06PM

1. Philanthropist Eli Broad sells 781 Fifth Avenue co-op for $8 million almost half off the original asking price [NYO]

2. Following $2 billion debt accumulation, Africa Israel dips toe back into Manhattan investment pool [Daily Buisnes]

3. Eastern Consolidated broker sees rise in half-stake deals in commercial buildings across the city [NYO]

4. Nightclub owner and alleged crony in scandal surrounding State Senator Carl Kruger set to star in Lifetime channel reality show [Sheepshead Bites]

5. More economists caution against buying homes, in the wake of subprime mortgage crisis [CNBC]

6. FHA commisioner David Stevens to head Mortgage Bankers Association, effective June 1 [National Mortgage News]

7. Rate of first and second mortgage defaults decline in February nationwide [Truth About Mortgage]

8. Newly launched solar power panel in Queens set to provide 270,000 kilowatts of energy annually [Architect’s Newspaper]

9. A rundown of tips to ride out the U.S. housing market in unpredictable times [Daily Finance]

10. SmartMoney editor weighs in on affordable housing crisis nationwide [SmartMoney]