After years of massive expansion, real estate brokers are bracing themselves for a reversal of bank oversaturation. There are as many retail bank branches in Manhattan as there are Starbucks and Dunkin' Donuts combined. Now Washington Mutual has postponed opening new branches (understandably), and other banks are consolidating their branches. One broker predicts that "we might have empty corners without a lot of takers out there chasing the space." But Mitchell Moss, NYU professor of......

Don’t get too comfortable homeowners – the city’s foreclosure rate is skyrocketing, up a startling 66% in the first quarter of 2008 compared to last year, according to Crain’s and the housing research site Property Shark. Queens saw more foreclosures than the four other boroughs combined, with 508 in the first quarter, up 59% from the same period in 2007. The Queens neighborhoods of Jamaica, Hollis and St. Albans reported the biggest foreclosure increases,......