Thursday Morning Links

Otera Buys 1330 Ave Of The Amercias For $100,000- Plus $240 Mil In Debt (Bloomberg)
The New Market: Bidding Wars (On Foreclosures) (WSJ)
Hamptons Median Home Prices Down 23% vs. Last Year (Bloomberg)
Commercial Real Estate Time Bomb Is Ticking (Time)
NYC Considers Landmark Environmental Code (CSM)
20 Pine, Sexy? (Curbed/Observer)
Real Estate Has Negative Impact On Morgan Stanley Results (Globe Street)

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