Clear Channel Communications Inc.

Clear Channel Communications, the pubic turned private radio empire, is consolidating five local off  read more »

Radio empire Clear Channel Communications is consolidating five local offices and moving its nascent city headquarters to Tribeca next spring. The Texas-based company has signed a 15-year lease at the former AT&T building at 32 Avenue of the Americas.

Details on the deal -- plus the future of the toy industry in New York City -- in Wednesday's debut of Commercial Breaks, The Observer's new commercial real estate column.

- John Koblin

• Saunas, towel warmers and heated floors are still hot commodities in the luxury home industry, but the single biggest new trend is "everything green." That means New Yorkers are increasingly unwilling to kill a rainforest for "one piece of exotic wood for inlay." (Forbes)
• Classy behemoth Clear Channel and (at least) two other big billboard companies are suing New York over limitations on outdoor ads. Is it a matter of free speech or corporate graffiti? (NY Post)
• Opening a successful Central American comfort food eatery in Park Slope is easy. Park Slope really is perfect. (NY Daily News)
• New Yorkers (i.e. Bill Moyers) do not want the New-York Historical Society to build "a 23-story glass apartment tower behind the society's museum." (NY Times)
• Shouldn't we always listen to Mr. Moyers? Maybe not: after all, New Yorkers also don't welcome more development in the Lower East Side. Or in the East Village. Or in Washington Square Park. (Sun)
- Max Abelson  read more »
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