Billy Macklowe to buy 386 Park Avenue South - [The Real Deal]

King of FiDi scores another property - [Crain's New York]

Trade group sees bleak decade for building industry - [Crain's New York]

Jobless claims in U.S. plunge on fewer auto shutdowns - [Bloomberg]

Blackstone Group and others save millions by buying in bulk - [The New York Times]

Five reasons we're in a recession, and five we aren't - [Businessweek]

Robert Sammons is vice president of research services at Cassidy Turley, a full-service commercial real estate services provider offering tenant representation, project leasing, capital markets and research and consulting, among other platforms. Mr. Sammons can be reached at Robert.Sammons@Cassidyturley.com. To subscribe to Cassidy Turley’s daily news roundup email Arielle.Herzfeld@cassidyturley.com.