News: WXY Architecture are the third and final studio with plans for the future of New York's Grand Central Terminal and have suggested a 380-metre skyscraper and a network of elevated cycling paths (+ slideshow). More
News: a tool that lets businesses measure and predict the financial outcomes of investing in design is being developed by a research team in Finland, whose project leader says designers should talk numbers rather than aesthetics to appeal to prospective clients. More
SOM's proposal for a ring-shaped observation deck hovering over New York's Grand Central Terminal (above) leads this week's issue of Dezeen Mail, which also contains all the latest news, jobs, competitions and reader comments from Dezeen.
Interieur 2012: Belgian designer Carl de Smet of Noumenon has developed high-tech foam furniture that can be squashed to 5% of its original size for easy transportation and then expanded "like popcorn" by heating it up (+ movie + interview). More
Competition: Dezeen is giving readers the opportunity to win one of ten Pin World or Pin City wall maps by designers Emanuele Pizzolorusso and Alessandro Maffioletti for Palomar. More
Hackney studio Levitt Bernstein has won a housing design competition with a proposal to turn disused parking garages into tiny pop-up homes. More
World Architecture Festival 2012: architects Kristen Whittle and Ron Billard explain how meerkats, fish and open-plan offices for consultants helped provide better care for sick children at the Royal Children's Hospital, Melbourne, the winner in the health category at the World Architecture Festival. More
Design Miami: artist and architect Vito Acconci is to receive the Designer of the Year award at Design Miami in December and has designed a playground (above) to be installed in the Miami Design District. See our recent interview with Acconci. More
Product news: Hackney designer Paul Cocksedge has launched an invisible bookend to find out if people will buy an object for its function rather than its appearance. More
News: Norwegian studio Snøhetta has won a competition to design a waterside opera house in Busan, South Korea. More