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Explaining the voodoo economics of 15 Central Park West. Sign Up For Our Daily Newsletter Sign Up Thank you for

Explaining the voodoo economics of 15 Central Park West.

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Freddie Mac’s ex-president buys a West Side condo, sans mortgage.

Why won’t Manhattan rents come down this summer?

Anthony Fodera, a business owner at Willets Point, lays into Mayor Bloomberg.

The last big landowner in Columbia’s West Harlem way readies for a showdown.

Obama and McCain get little love from New York real estate–so far.

A former Carter adviser plans a new Bryant Park hotel.

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In This Week's Observer…