Top 10 Stories You Need to Read Right Now
It's Monday, and here's all the news you need to start your week off.
1. Seven Trump hotels' payment systems have been hacked for almost one year. [Crain's]
2. ICYMI, here's what happened at the NIC's National Conference on Investing in Seniors Housing and Care. [NREI]
3. New York REIT just closed in on purchasing a Midtown office building from the Rockpoint Group for $325M. [TRD]
4. Fast-fashion has doomed another retailer. American Apparel has just filed for Chapter 11 bankruptcy. [Bisnow]
5. A rate hike in October and even December seems unlikely, economists say. [Bisnow]
6. Things are going to be looking up for the office market, Reis reports. [CPE]
7. Tishman Speyer dished out $25M for two tenants to vacate their apartment building at Hudson Yards. [Crain's]
8. Have $75k to spend a night? Well, that's the going rate for the most expensive hotel room in the entire world. [Bisnow]
9. NYC skyscrapers are getting taller and taller (and more expensive). [TRD]
10. Don't sleep on tech's growing influence in the real estate industry. You might miss out. [Bisnow]
