As of June 30, the building was 99.1% occupied, has an annual NOI of just under $35,000,000 (that's not gross rent, that's NET OPERATING INCOME) and has an appraised value of over half a billion dollars. The building has the highest rents in the City - except maybe for some Bloor / Yorkville street level ground floor retail rents - and that is just a maybe except for. As Automation Gallery says - that building is going nowhere.Anyone feeling fond of that god awful building south of this across the street? Can wait to see that go someday. The red building with the dark windows.
For a long time - do not know if this was the original incarnation, but suspect it may have been - this building was the Toronto base for CNCP Telecommunications. The railways were heavy early telecoms users for train orders, dispatching and on route control of their trains, and from an early stage offered services to the public - telegram services in North America was generally operated by the railway telecommunications operations, followed by the Telex service.The ‘ugly’ building is a computer hotel is it not? I am curious as to what it’s original use was.? Off topic I know.
ptbotrmpfn, this is what he's talking about.What was uncalled for? The point was that the bits that make up the page you're looking at probably travelled through 151 Front at some point on their journey between UT's server and your computer, which is actually pretty damn cool.
traceroute to urbantoronto.ca (220.127.116.11), 30 hops max, 60 byte packets 1 _gateway (10.88.111.254) 1.035 ms 1.198 ms 1.470 ms 2 64-137-144-1.beanfield.net (18.104.22.168) 4.986 ms 5.255 ms 5.553 ms 3 be201.ppe01.151FrontStW01.YYZ.beanfield.com (22.214.171.124) 5.453 ms 5.418 ms 5.231 ms 4 be203.ppe01.151FrontStW01.YYZ.beanfield.com (126.96.36.199) 5.286 ms 5.130 ms 4.989 ms 5 be200.bfr01.151FrontStW01.YYZ.beanfield.com (188.8.131.52) 16.423 ms 16.698 ms 16.629 ms 6 te0-1-0-0.bfr01.60HudsonSt01.JFK.beanfield.com (184.108.40.206) 16.923 ms 14.955 ms 15.712 ms 7 xe-0-0-10-3.a00.nycmny13.us.bb.gin.ntt.net (220.127.116.11) 15.156 ms 15.338 ms 15.552 ms ... 17 po97.prv-leaf3a.net.unifiedlayer.com (18.104.22.168) 164.705 ms 164.980 ms 165.465 ms 18 urb.urbantoronto.ca (22.214.171.124) 165.114 ms 165.299 ms 108.733 ms