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The retail vacancy could be filled if the asking rents decreased. Retailers and brokers are aware of the incoming population and traffic. The asking rents are likely too high.

Lol. Mizrachi probably feels like he's getting kicked in the nuts everyday this project sits idle. I can't even imagine the pain.

Let's make it a bit riskier. Offering odds of 2:1 on $100 that they don't restart by Feb 5.

Fine. Then willing to do the honor system. Wager is open and willing to increase the amount up to $200.

Anyone want to make a wager as to the restart date? $50 says they don't restart before Jan 19. Willing to etransfer to moderator to secure funds.

There are different types of delays. Some are weather related or accident on site triggering investigations etc I believe it is called force majeure. A work-stop order that isn't remedied could be considered negligence on the developers part.

I'm not sure if you're being sarcastic. This delay, the longer it goes on, will damage investors who purchased units in this building and at some point will lead to litigation. Generally that type of thing is newsworthy.

This must be costing him tens of thousands a day. A mainstream news group will ultimately pick up this story even though there isn't much to say.

Sam Mizrachi will be on BNN in 50 minutes. Will be interesting to see what he says regarding this project.

Another mild day and no workers on site.

So how long can re-bar sit exposed before it rusts or becomes deficient?

There is nothing going on unfortunately.

It is a bit concerning that no workers have been on site since Thursday. There must be something pretty serious going on to stop a project of this magnitude. Even worse, today was above average weather....

Not sure. They were pouring for a while seemed fine. Looked out and saw all the workers shoveling cement back into the mixing container or dumping on wooden boards. Most likely the brace gave way.

Major blowout when pouring the west wall slab. Crew scrambling to remove cement.