Benito
Senior Member
The extreme example of window technology gone wrong (and other engineering issues) is the John Hancock Tower in Boston. Give the Wikipedia article on it a read.
42
Wow, that is a scary read.
The extreme example of window technology gone wrong (and other engineering issues) is the John Hancock Tower in Boston. Give the Wikipedia article on it a read.
42
Great, except for the fact that every incidence of falling glass in 2014 has been from a building with curtain wall. Shangri-La/Trump, and one of them (Trump) was due to human error (workers striking the panel, IIRC).
That is hardly going to be a great selling point for either hotel or condos!
Exactly my thoughts though once corrected I will be glad that we should not have to worry about the balconies in the future.
Big expense for the developer.
For reference, the window wall contractor for this project:
http://www.fareastglobal.com/eng/project.html
And not to paint with a broad brush or anything, but each of those buildings were also curtain wall that was sourced from China. There've been lots of Canadian sourced curtain wall projects over the past years that haven't had these issues.
That is hardly going to be a great selling point for either hotel or condos!
It should be fine after all of the balcony glass is replaced.
Look at Festival Towers, it had all of their balcony glass replaced, and it still sells really well. I was looking at a unit there when they had all of the balconies covered up and they were still selling and renting for top dollar.
Though there was a class action lawsuit from homeowners because they couldn't use their balconies for an extended period of time.
The Shangri-La has fewer balconies, so the work wouldn't be as extensive as Festival Towers.
I wouldn't say Festival sells too well. I'd say it's the opposite.
I don't believe however that the selling record has to do with the glass. I believe the $800/sq.ft. and above price is what was making this difficult to sell and that there were issues with resales at that price even before the glass issues came to light. However, it certainly does not help. I wonder how long the balcony issues will be at SL until the fix is affected and whether there will be class action suits here in the future as well.