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Bushburg buying Rudin’s half-empty FiDi office building for $160MBushburg buying Rudin’s half-empty FiDi office building for $160MDevelopers have a new tax break. Now they must figure it outDevelopers have a new tax break. Now they must figure it outMichael Stern pays $61M for Brickell site of Dolce & Gabbana supertallMichael Stern pays $61M for Brickell site of Dolce & Gabbana supertallGlossier founder is buyer of $22M Brooklyn townhouseGlossier founder is buyer of $22M Brooklyn townhouse
South Florida

Everglades clean-up makes progress, former Tyco CEO puts Boca Raton home on the market … and more

1. Everglades clean-up project makes progress [Miami Herald]
2. Former Tyco International CEO Dennis Kozlowski places Boca Raton home on the market [Luxist via Zillow]
3. State regulators approve 19 percent increase in Florida’s Federated National Insurance rates [Miami Herald]
4. Florida property developer given life sentence after murdering a tenant who wouldn’t vacate his property [Business Insider]

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5. Mortgage interest rates hit new lows [American Banking News]
6. Banks and insurers looking to profit from bad mortgage securities [WSJ]
7. Distressed properties becoming attractive option for investors [Real Estate Investor] 
8. Mortgage stocks have rough time as Dow drops 203 points [National Mortgage News]
9. Goldman Sachs advises investors to stay away from banks with heavy focus on commercial real estate [Reuters]
10. A look at the turbulent world of reverse mortgages [Inman] 
11. Fed report shows uptick in FHA lending due to buyers with good credit scores, not subprime borrowers [Inman]