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10 Must Reads for the CRE Industry Today (May 26, 2017)

The U.S. economy grew just 1.2 percent in the first quarter, while financial corporate profits fell $5.6 billion in the first quarter due to government-imposed penalties for mortgage-backed securities, Reuters reports. BlackRock will pay $1.25 billion to occupy 847,000 sq. ft. of space at Hudson Yards, according to Commercial Observer. These are among today’s must reads from around the commercial real estate industry.