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Anyone know how sales are going for this?

Question: Sales hasn't launched but construction has started. Typically 70% sales threshold is required before construction financing is approved. Is it likely this project is being financed upfront by developer equity? Can someone explain the logic behind this strategy, especially in this market?

Who is the construction manager for this building?

https://www.theglobeandmail.com/business/article-paving-magnate-jenny-coco-sues-sam-mizrahi-over-control-of-luxury/

Got it. It's not typical to use the building elevators this early (forming) in construction, a couple of reasons (it's usually still in fabrication, the building isn't fully enclosed, it requires permanent power to run those elevators which at this stage in construction the site doesn't have and...

correct it's called a Hoist