Friday Morning Links

Dreier's $380 Mil. Real Estate Scam Called "Chutzpah Spree" With "Mission Impossible Tricks" (Bloomberg)
South Street Seaport Only For Sale If Someone Is Interested (Curbed)
Record Rental Vacancy Rate Predicted For 2009 (The Real Deal)
Bush Un-Pardons L.I Real Estate Scammer That He Just Pardoned (NY Times)
Debt Market For Distressed Properties Getting Hot (NY Times)

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