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 Robert.Sammons@Cassidyturley.com. To subscribe to Cassidy Turley’s daily news roundup email Arielle.Herzfeld@cassidyturley.com.