Toronto L-Tower | 204.82m | 58s | Cityzen | Daniel Libeskind

tripwire said:
Has this building closed? Or have residents been stuck paying occupancy rent this whole time?
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L Tower would have closed quite a while ago - it was in the news for being one of the buildings the rogue group of directors got control at the turnover meeting. If I recall correctly - turnover would have been in the late summer - early fall of 2015.

From press release on Canada Newswire just this past Wednesday, July 12:

The L Tower Elects New Board of Directors

TORONTO, July 12, 2017 /CNW/ - The Toronto Standard Condominium Corporation No. TSCC 2449 is pleased to announce that at an owner's requisition meeting held on June 29, 2017, the owners of the L Tower in Toronto successfully voted to remove its previous board of directors and elect a new board.

At the requisition meeting held under section 46 of the Ontario Condominium Act, 1998, 363 owners voted to remove the existing board of directors and the following five new board members were elected: Eric Sprott, Fauzia Ahmed, Jim Smith, Steve Szentesi and Francis Fernandes. This meeting was called based on, among other things, L Tower owners' concerns raised over CBC reporting relating to the former board.

All members of the new members of the L Tower board of directors, who bring a broad range of business, legal, accounting and condominium board experience, either live in or own units in the building.

The L Tower's new board of directors will initially focus on major building priorities, including its performance audit, completion of final stages of construction, reserve fund, aesthetic enhancements and ensuring that owners receive value for money for services provided to the building.

Quote

"We are pleased to announce this important change in the leadership of the L Tower in Toronto, which is one of the City's most iconic and prestigious condominiums. The new board of directors, all of whom live or own units in the building, looks forward to advancing the interests of owners and maintaining and improving this landmark Toronto condominium."

- President, L Tower Board of Directors

Facts About the L Tower

  • 57 story hi-rise condominium designed by Daniel Libeskind.
  • 591 units.
  • Located at 8 The Esplanade in Toronto.
 
TheSix said:
November 2031

When the crane is removed, I wonder if they will also fix all the missing/damaged exterior glass panels? There are a handful of missing balconies still....
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...... and at least one missing panel of the glass on the 'overhang' on Yonge and the final repair of The Esplanade and the putting back the streetlights and ......
 
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