....in Toronto. One thing Harry Stinson had a point on was the fact that financial institutions in Toronto won't finance anything thats not conventional - no risk allowed. Thats why the vast majority of buildings in Toronto are simple box structures - they vary by colour but not design. Look at the "Absolute World" complex rising in Mississauga - would you see that in Toronto?
Was it the architecture that he was referring to as "conventional"? I think he meant a building that consisted of condo-hotel units, as opposed to standard residential use units, where purchasers would purchase a unit, possibly as an investment, and when not using the unit themselves it would be entered into the hotel stock to be rented out as more or less a typical hotel room. From my understanding the revenue from the hotel rooms was put into a pool where all the owners would get a share. Maybe the last part is not entirely correct in terms of revenue sharing amongst owners.