Toronto CityPlace: Montage + Neo (Concord Adex, 47 + 16s, KPMB)

[Tewder]

Signature better get a redesign.

I'm curious what impact the possibility of an impending slowing economy might have on the project overall.

 

[SP!RE]

At least some offices space for doctor's offices and other essentials.

I think above some of the retail they have included this. Atleast I should hope so. But it does look that way.

 

[investor]

I'm curious what impact the possibility of an impending slowing economy might have on the project overall.

A dramatic one. 70%+ of the buyers are specuvestors gambling on paper gains. With a global slowdown they will surely be looking to liquidate their holdings.

 

[urbandreamer]

People still make money in a bear market.

People still buy homes. It will just take longer to sell a condo development.

 

[gei]

A dramatic one. 70%+ of the buyers are specuvestors gambling on paper gains. With a global slowdown they will surely be looking to liquidate their holdings.

Everyone panic! ahhhhhh!

 

[grey]

A dramatic one. 70%+ of the buyers are specuvestors gambling on paper gains. With a global slowdown they will surely be looking to liquidate their holdings.

Investor, your fabricated stats are laughably optimistic. The situation in Toronto is far worse than you could ever imagine. Cityplace is made up of 110% specuvestors, and the minute they decide that the market is in recession (approx. 2 weeks from now), the neighbourhood will become a dilapidated ghosttown.

You don't have to take my word for it:

http://www.economist.com/world/na/displaystory.cfm?story_id=1158498

 

[Tewder]

Cool, then the price will plunge and I'll be able to pick up a reasonable little pied-a-terre.

 

[HiRiser]

Investor, your fabricated stats are laughably optimistic. The situation in Toronto is far worse than you could ever imagine. Cityplace is made up of 110% specuvestors, and the minute they decide that the market is in recession (approx. 2 weeks from now), the neighbourhood will become a dilapidated ghosttown.

You don't have to take my word for it:

http://www.economist.com/world/na/displaystory.cfm?story_id=1158498

aaahhh, this is the 3rd time I got Rick Rolled. HiLarious.

 

[CDL.TO]

Investor, your fabricated stats are laughably optimistic. The situation in Toronto is far worse than you could ever imagine. Cityplace is made up of 110% specuvestors, and the minute they decide that the market is in recession (approx. 2 weeks from now), the neighbourhood will become a dilapidated ghosttown.

You don't have to take my word for it:

http://www.economist.com/world/na/displaystory.cfm?story_id=1158498

Well played, good sir.

 

[investor]

aaahhh, this is the 3rd time I got Rick Rolled. HiLarious.

That was cute. Thank you for the mid-day smile.

Notwithstanding, Shi88tyPlace is a future ghetto and it will be the first place to get hammered as credit tightens to the global financial crisis.

 

[3Dementia]

^ reminds me of the "ancient" G&M daily smile. Predictable but funny.

 

[JasonParis]

Please stop biting the bait and stay on topic.

 

[spaced]

Investor, your fabricated stats are laughably optimistic. The situation in Toronto is far worse than you could ever imagine. Cityplace is made up of 110% specuvestors, and the minute they decide that the market is in recession (approx. 2 weeks from now), the neighbourhood will become a dilapidated ghosttown.

You don't have to take my word for it:

http://www.economist.com/world/na/displaystory.cfm?story_id=1158498

Wow, those specuvestors are screwed. Especially the 10% who bought invisible condos.
Oh, and that economist is way out of date. I remember hating that back in highschool.

 

[Jdot]

Some multi-use wouldn't hurt the area as well. At least some offices space for doctor's offices and other essentials.

A dentist office just opened between the TD Bank and Dairy Queen (under the daycare) along Bremner in HVE Tower A.

 

[urbandreamer]

Oh goodie gum drops I need my teeth brushed today!