Investors have been lifting the wobbly U.S. commercial property market back to its feet ahead of 2025, bolstered by the monster financing this fall of an iconic property in the heart of New York City.

The entry door is clad in Calacatta marble. Photo by Tristan Kallas Elsewhere in North America, Canadian studio Perron has revamped a 20th-century building in Québec City to house its studio and ...