Top 10 Stories You Need to Read Today
Here are the top 10 stories you need to read in order to make up for the news you missed while enjoying the last weekend of summer.
1. Dublin-based budget clothing retailer Primark is about to open its first location in the US, adding to its 285 stores across the pond. [Irish Times]
2. Blackstone just agreed to acquire Strategic Hotels for $3.93B. [Bloomberg]
3. The new $325M addition to the Mall of America has just opened to the public and includes a 6k SF atrium. [Star Tribune]
4. Here's how the Bank of China has been helping New York City's commercial real estate industry since the 2008 financial crisis. [Quartz]
5. The latest amenity for city dwellers is—wait for it—having a safe room for when disaster strikes. [Luxury Listings NYC]
6. Bad news for renters—rent prices are increasing as incomes are, well, not really. [NREI]
7. In order to have a unique store presence, retailers set up shop in historic landmarks—take Grand Central, for example. [Crain's]
8. Toby Moskovits is trying to turn trendy Williamsburg in Brooklyn into the next commercial hot spot. [TRD]
9. Sorry, Phoenix, but you have the worst office vacancies in the nation. Where else? [PBJ]
10. Student housing is killing it this year. [Bisnow]