Blackstone Buys in Bulk, Jobless Claims Plunge, Macklowe Acquires

New York City may allow taller towers near Grand Central – [Bloomberg]

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 To subscribe to Cassidy Turley’s daily news roundup email

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