freshcutgrass
Senior Member
Why cant CF build this on spec, after all they are a lot wealthier than Menkes which is about to start 1 York
Because CF is owned by a pension fund, which are generally quite conservative and always lack vision and creativity.
When it was owned and run by the likes of the Bronfmans, is when you saw CF doing things like the TD Centre and Eaton Centre. Now that they are like most big developers/property managers (pension funds), you see them actually ruining their own property without even knowing it. This is why they will "update" TD Centre and Eaton Centre and think they are improving.
Zero integrity. Pension funds are very narrow-minded and conservative.