JPMorgan sells risky commercial mortgages to Manhattan-based firm … and more

April 14, 2011 05:09PM

1. The Caribbean Cultural Center African Diaspora Institute is moving from near Columbus Circle to a landmarked firehouse at 120 East 125th Street

2. JPMorgan sells the riskiest portion of a $1.5 billion commercial mortgage bond to Manhattan-based Torchlight [Bloomberg via Crain’s]
3. Chelsea penthouse with 1,200-square-foot terrace and six-person hot tub hits the market for $15.2M [Curbed]
4. Confusion arises from the constant renaming of bridges, highways and tunnels to honor important figures

5. U.S. Foreclosure filings in Q1 2011 at three-year low

6. Trump will not announce his candidacy on “The Apprentice” because he isn’t allowed to

7. New foreclosure regulations will be extremely costly for banks

8. One million U.S. homes were bought as investment properties in 2010

9. Citi Habitats broker coveted and ultimately rented a 220-square-foot studio being marketed by a colleague

10. Barbara Corcoran says “Shark Tank” contestants are more likely to trust her because she’s a woman

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