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

New York /
Apr.April 14, 2011 05:09 PM

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

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
[WSJ]

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

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

7. New foreclosure regulations will be extremely costly for banks
[WSJ]

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

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

10. Barbara Corcoran says “Shark Tank” contestants are more likely to trust her because she’s a woman
[Business2Community]


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