That’s what all-star real estate attorney Edward Mermelstein tells the Journal in this video. Not that this is exactly a surprise, as the Real Estate Desk has already taken note of a Canadian pension’s partnership with SL Green, which continues to grow. This is due in part to the relative weakness of the Read More
Bankrupt investment firm Lehman Brothers Holdings, which today celebrates the two-year anniversary of its historic implosion, is suing the Canadian Imperial Bank of Commerce and many others for $3 billion, Reuters reports.
Lehman says it’s owed the $3 billion because CIBC and others were unfairly allowed to make claims against it as it Read More
Unofficial (but at the same time extremely official) Canadian ambassador to America Pat Kiernan has written a tipsheet for Gothamist about how to celebrate Canada Day today: Eat smoked meat, drink Labatt, skate on ice, drive to the border to look across — be merry. Mr. Kiernan wore a Read More
Real estate bankers, be on guard: The International Monetary Fund has set its gaze on a share of your firms’ profits. More than six months after the Group of Twenty (G20) leading nations put forward a global bank tax, the I.M.F. presented its interim report on April 16. Titled “A Fair and Sustainable Read More
On Nov. 14, 1997, when the government of Canada opened its brand-new Consulate General offices on the mezzanine and concourse levels of 1251 Avenue of the Americas, the country’s trade minister and two uniformed mounties traveled down south for the occasion.
The Canadians unveiled an 80-square-foot artwork by Inuit artist Irene Avaalaaqiaq, and Mayor Giuliani Read More
Brokers, strike another client base from your list!
USA Today reports that that Canadian home-buying spree that took hold earlier this year as the loon reached parity with the buck has evaporated. The U.S. dollar, for those who don’t obsessively read the Journal‘s Money & Investing section every morning, has started Read More
Our neighbors to the north have a stronger office market and a brighter outlook for said market going into 2009, according to a CB Richard Ellis analysis. Highlights from the analysis, part of an invitation-only Webcast held Oct. 14, include:
- Canada’s commercial real estate market is faring better compared to other Read More
"I am Canadian and have lived here the past 8 years, entering with a TN visa, then obtaining an H1B Visa and now have my green card. I came here legally and I did not take a job from anyone, and yes, we do have to prove to Homeland Security that a job cannot be Read More
She never thought she’d get married. In her own Park Slope living room. On a Friday night. Or that her mother, many miles away, would lecture her about her choice of groom: one of "them," an American. She never thought she’d have to keep so many secrets–from her family, from potential employers, from the U.S. Read More
Lumber will bring us together
Instead of yet another bleak housing market report, we would like to share some wonderful post-Cold War news: American home builders visiting St. Petersburg have offered to share their top-secret technology, in exchange for… softwood lumber.
Why the cross-continental bargaining? Because as of next month, our Read More