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Top 10 Stories You Need to Read This Week

National Other

It's finally Friday, so here are the top 10 stories to keep you updated on the past week.

1. Talk about a Labor Day deal. Blackstone Group announced its acquisition of Strategic Hotels for $6B. [Bisnow]

2. Todd Bassen is saying goodbye to WeWork after only three months with the company. [TRD]

3. New York Public libraries will get well-deserved renovations thanks to $43M in funding. [Crain's]

4. 2015 might be the worst year for REIT investments since 2008. [WSJ]

5. Office landlords, be wary of these five cities. [Bisnow]

6. So, what's up with that pending interest rate hike? [Bisnow]

7. The surging tech market is also pushing up office premiums. [GS]

8. Are we just steps away from a global recession? Citigroup says yes. [Bisnow]

9. Here it is: the complete history of the sexy six biggest firms in commercial real estate. [NREI]

10. The tallest building in the Western Hemisphere is getting a trim and losing its 1,795-foot spire. [Bisnow]