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In the Shadow of the Boom (The New York Observer)

Once upon a time, two young men named Ira Shapiro and Marc Jacobs left Rockland County for the isle of Manhattan to build a tower all the way to the sky. Day by day, week by week, their tower at One Madison Park rose. New York’s glitterati took notice. Parties were held. Photographs flashed. Messrs. Shapiro and Jacobs knew how their story would end: They’d walk away richer than before. More …

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Short sales increasing in Douglas County (Parker Chronicle)

Everyone knows the phrase “desperate times call for desperate measures,” but in a struggling real estate market, not everyone knows the right measures to take.

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Pontiac film studio investor Nelson used to complex deals (Crain’s Detroit Business)

Making a career move eight years ago from marketing executive to real estate investor, Linden Nelson’s next career jump is riding on whether a massive Pontiac film project can be financed by April 30.

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Get help wth debt (Wisconsin State Journal)

Want to get out of debt? Avoid foreclosure? Some tips:

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Lawmaker working to improve loan modifications (The Salt Lake Tribune)

Washington » A key lawmaker is working with banks, regulators and the Obama administration on a new way to boost the government’s struggling foreclosure prevention effort by encouraging banks to reduce the total amount borrowers owe.

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