Crane on top of downtown building finally ready to come down; Council approves King St. pilot to prioritize streetcars, but bows to taxi industry; GTA housing prices drop after Ontario implements foreign-buyers tax; and more news:

Crane on top of downtown building finally ready to come down (Toronto Star)

Council approves King St. pilot to prioritize streetcars, but bows to taxi industry (Metro News)

GTA housing prices drop after Ontario implements foreign-buyers tax (Globe and Mail)

Toronto transit funding is great news, right? Not so fast, the city now has to find more than $4 billion: Keenan (Toronto Star)

Condo rents continue to rise in the GTA, says new report (Metro News)

Let’s not erase our history. Ryerson’s name and his statue should stay (Globe and Mail)

These charts illustrate why it’s not time to panic about Toronto’s housing market—yet (Toronto Life)

Toronto set to get more than half of feds’ transit funds allocated to Ontario (Globe and Mail)

Global news from our sister site, SkyriseCities.com:

New Images Highlight Jakarta's Recently Completed Satrio Tower (Jakarta)

Restoring the Flack Block (Vancouver)

The Changing View From Crescent Heights (Calgary)

The Two-Faced Building That Predated the Enbridge Centre (Edmonton)