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

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