In the hole: A bankruptcy court judge said she would approve a settlement, giving Chicago Spire developer Garrett Kelleher's firm, Shelbourne North Water Street LP, a deadline of Oct. 31 to pay $104 million. The firm could also receive an extension to pay an additional $5 million by March 31, 2015. [Chicago Tribune]
Tweet of the Day:
Check out Witold Rybczynski’s piece on how Eames and other architects designed chairs. #tbt
Number of the Day—3.3%: New-home sales fell 3.3% in February. [The Wall Street Journal]
4 More Stories for Thursday:
“The Height Act is only one example, though a glaring one, of the irrational policies that restrain sensible growth in Washington,” says The Washington Post Editorial Board. [The Washington Post]
A map about raps about hotels. [Curbed]
The Golden Gate Bridge may add a $66 million safety net to prevent suicides. [The New York Times]
Step Up, Step Down:
Leo A. Daly appointed Ed Benes and Jay Brader to senior vice presidents.
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