Taxpayers May Foot Bill for Penn Station Revitalization, Report Says
In many ways, the project mirrored Mr. Cuomo’s other efforts to put his imprint on the city, including the renovation of the Moynihan Train Hall across the street from Penn Station and his reconstruction of the city’s major airports in Queens.In this case, the funds from the development would pay for cosmetic improvements at Penn Station, as well as a potential expansion of the...
Why investors are choosing the Calgary Metropolitan Region
Like most major cities, Calgary is constantly growing both in population and size. With the growth of the city, many communities in the surrounding area have become absorbed...
Canadian Real Estate Prices Dropped For The First Time In 2 Years
Canadian real estate gave back some of its record gains for the first time in years. Canadian Real Estate Association (CREA) data shows the...
Canadian Home Buyers Need $42,000 Per Year For Payments In Q1 2022: Desjardins
Canadian real estate prices may be slowing now, but the damage got even worse in the year’s first quarter. The Desjardins Affordability Index (DAI)...
Canadian Building Permit Values Fell As Housing Demand Softens From Peak
Canadian future building construction intentions tapered as interest rates climbed, shows permit data. Statistics Canada (Stat Can) data shows the value of building permits,...
RBC Makes Another Upward Revision To Its Bank of Canada Rate Forecast
Rain or shine, Canada’s largest bank sees much higher interest rates to combat destabilizing inflation. RBC hiked its forecast for interest rates today after...
Most Canadian Real Estate Markets Have Slowed, Prices Fell Up To $40k In A Month
Canadian real estate went from rising tens of thousands per month to falling just as fast. In March, most markets saw monthly growth of...
Say Goodbye to the Boring Conference Room
The conference room is perhaps the least loved space in the modern office. Typically long and narrow, with a rectangular table presided over by...
BMO Joins Other Banks In Upward Revisions To Its Bank of Canada Rate Forecast
Canada’s oldest bank joined the largest bank in making upward revisions to its rate forecast. BMO now sees the Bank of Canada (BoC) raising...