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Looks awesome.

https://www.thestar.com/entertainment/pusateris-in-yorkville-was-a-big-deal-in-2003-its-leaving-part-of-the-hoods/article_0af4a090-d104-11ee-b171-7ba8a017b945.html

Yes, that’s the building.

The place to the left of this new Bar Ardo has a city notice taped to its door ordering it to “remedy an unsafe building”. Moreover, the INS convenience store, next to the bubble tea place, also went bust with its lease having been terminated.

That DeMello place does massive business.

The signage they installed is beyond atrocious.

Visited yesterday and it really doesn’t feel like you’re in this city. Absolutely wonderful in every respect.

The profit margin will probably be around 20%.

Luxurious mediocrity (…not this project though).

Cheap is the name of the game in this town.

That’s a concrete answer that really cemented my understanding of this issue.

We’re talking about a company that had $394 *billion* in revenues last year. This one hypothetical store is completely irrelevant and meaningless to anything that this company does.

This store is completely inconsequential to Apple. Pretty sure that’s not the case with Mizrahi though. That said, it’s still possible that Apple might return to this location.

They’ve been testing it for the past three nights.

Absolutely dreadful.

You don’t think this project being put into receivership is concerning? It’s already obvious that some of the lenders and equity partners will take a bath. The question is how much soaking will these people be able to endure to see the project through.

I’ve always thought from day one that Mizrahi was way in over his head with this project and I’m not surprised that this is where we are right now.

It's a total dump at this point and it perfectly illustrates the state of this city.

Not that hard to get an award when there's hardly any competition.

That's horrible news. Life is just so effing unfair.