The US dollar returned to the upside as geopolitical fears rebounded after US President Trump's address to the nation. The rhetoric fuelled risk aversion and flows toward the dollar while oil prices surged.
Escalating geopolitical risk continued to dominate global markets' concerns, with safe-haven demand keeping the dollar index anchored near a multi-week high.
"The expansion positions NYC Alliance for continued growth while strengthening its design, showroom and operational presence in the historic fashion corridor," Peter Braus said, according to the New York Post.
Once a nice-to-have niche urban design concept, TOD has become an essential part of many urban neighborhoods. It has helped address the shortage of housing by enabling the development of higher-density residential communities near transit stations. It has helped revitalize countless once-deteriorating or static urban enclaves near transit hubs by activating sidewalks near the developments. And it has spurred walking and transit use, enabling residents of TODs to reduce or eliminate automobile dependency.
Spanning nearly two million square feet across 55 floors, the new American Express building will have capacity to host up to 10,000 colleagues across flexible and modern workspaces designed to inspire collaboration and creativity. It will feature more than an acre of outdoor space with several greenery-filled terraces and gardens and sweeping views of the Manhattan skyline.
After the ongoing uncertainty of the past few years, prime residential markets are now going from strength to strength, with prices broadly outperforming earlier predictions. After Covid-19 sent buyers heading for the countryside with longings for space, seclusion, and privacy being key driving forces behind new property sales, the masses are now back in cosmopolitan hubs - and price points reflect that. In the first half of 2025, Savills reports that average global prime residential capital values grew 0.7 percent, while rents increased 2 percent, signaling that demand from affluent buyers and renters remains robust.
Creating workplace facilities that reflect relevance to the constant evolving changes of working patterns. Organisations need to think about balancing flexibility with functionality by integrating technology that can simplify things without any complications, whilst designing spaces that are diverse when it comes to different working styles. As traditional office attendance makes make for hybrid models, facilities now need to reimagine their spaces as a purposeful destination rather than a default location.