JPMorgan buys Lehman’s Toy Center stake for $726M … and more

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International Toy Center
1. There’s a pause — but no crash — in Manhattan real estate
[NYMag]

2. Lower housing prices prevent low- and middle-income Americans from attending college
[HuffPo]

3. JPMorgan fund pays $726M for Lehman’s majority stake in the International Toy Center
[Crain’s]

4. Brooklyn tenant says she’s getting evicted because she declined landlord’s advances
[Post]

5. True original Ray’s Pizza to close at month’s end
[NYT]

6. Global realty firms outsource management to increase profits [Economic Times]
7. Tenants are still suffering in Bluestone’s Bronx portfolio
[Crain’s]

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