Average asking rents fall over 4% in June compared to last year, new report says
Asking rents in Canada continued to sink lower last month compared with a year ago, with a new report pegging the average cost at $2,033 for June.
Anthropic Finalizes Hudson Square Lease as it Grows in NYC
Anthropic is fully invested in Manhattan’s artificial intelligence office boom, sealing the deal for a full building in Hudson Square. The AI firm is leasing the 16-story building at 330 Hudson Street from AEW Capital Management, the New York Times reported. Details about the lease, including asking rent and broker involvement, were not disclosed. It […]
Did you mess up on your taxes? The IRS just made it easier to avoid paying a penalty.
It’s a ‘major taxpayer win,’ according to one advocate inside the IRS
The S&P 500, Dow and Nasdaq: Real Returns Since the 2000 Peak (June 2026)
The S&P 500, Dow Jones Industrial Average (Dow), and Nasdaq Composite are all stock market indexes used to measure the performance of various aspects of the U.S. stock market. The indexes generally rise and fall together, however the extent of gains or losses produced by each can differ depending on market conditions and the state […]
Cost Burdens Moderate for Buyers as Home Prices Trail Behind Inflation
The growth of home prices is now anticipated to decelerate to merely 1.2% in 2026, a rate slower than previously predicted and one that does not keep up with inflation, indicating that home prices are effectively decreasing in real terms, according to the Realtor.com 2026 Forecast Midyear Update. This slowdown in home price growth occurs […]
End of Iran ceasefire creates muni, UST losses
Bond markets saw losses Wednesday after President Donald Trump said the ceasefire with Iran is over and more strikes may be forthcoming. Equities ended mixed. Processing Content Muni yields were cut one to seven basis points, depending on the curve, while UST yields rose one to two basis points. Over the past several weeks, oil […]
U.S. Government Closes $30M Property Deal Tied To New San Antonio Spurs Arena
The General Services Administration has sold a federal property to the city of San Antonio to support a new downtown entertainment district and arena for the city’s NBA team. The GSA this week closed on a $30M sale of three parcels spanning 5.7 acres, which includes the San Antonio Federal Building West at 727 E. […]
Chinese Camera Company Insta360 to Open Store in Times Square – Commercial Observer
Insta360, a China-based global optics and camera company, has signed its first U.S. lease for a 1,100-square-foot store at 1515 Broadway in Manhattan’s Times Square, Commercial Observer has learned. The world’s No. 1 360-degree camera brand, which is a direct competitor to the popular GoPro brand, has been used for purposes ranging from undersea exploring […]
CRE sector offers targeted opportunities, but broad-based expansion unlikely in 2026: BBG
The chances of a broad-based U.S. commercial real estate recovery during the second half of this year may be fading due to persistent inflation, high interest rates and ongoing geopolitical uncertainty, according to the mid-year CRE outlook from BBG Real Estate Services. A leading commercial real estate valuation and assessment firm, BBG writes that heightened […]
Ideal Marketplace Renews 15K-SF Grocery Store at Chelsea’s 317 Ninth Avenue – Commercial Observer
Supermarket chain Ideal Marketplace has renewed the lease on its 14,770-square-foot store in Manhattan’s Chelsea neighborhood. The retail deal’s address at 317 Ninth Avenue resides between West 28th and West 29th streets, inside a United States Postal Service (USPS) property that spans the entire city block. USPS, which is actively operating at the connected 341 […]