From the Bay Adelaide web cam you can see that a construction trailer has been brought on site today.
Toronto St Regis Toronto Hotel and Residences | 281.93m | 58s | JFC Capital | Zeidler
InTheKnow07
Active Member
InTheKnow07
Active Member
That's great but I want to see dirt being hauled away. C'mon Lewis Builds, pick up the pace already!
urbandreamer
recession proof
Let me guess: it is against Ontario Labour Laws to have people working on a job site without access to sanitary services, an indoor shelter of some sort, etc? Thus the trailer goes in before the trash comes out
(was that not funny?)
Question for intheknow: how much does a B180HD operator get paid? Where does one get training? (I'm serious: when i get some land out in the countryside i'm gonna construct my own "condo tower" to find a more efficient way to build them!)
(was that not funny?) Question for intheknow: how much does a B180HD operator get paid? Where does one get training? (I'm serious: when i get some land out in the countryside i'm gonna construct my own "condo tower" to find a more efficient way to build them!)
Patriot
Active Member
Donald Trump mentioned his Toronto tower project on Larry King Live tonight.
AndreaPalladio
Senior Member
They were setting up for a movie shoot there last night.
Sir Novelty Fashion
Senior Member
Was that a movie shoot? I was by earlier in the day and thought the A/V setup was just remains from the ground-breaking. Were they setting up instead of taking down?
AndreaPalladio
Senior Member
They seemed to be setting up. There were about 6 cops standing on the corner for god knows what reason. And the lights and everything were all wired into a movie truck (it had the name of the production company on the door.)
Sir Novelty Fashion
Senior Member
Oh. Well then.
Anything but build a building on that lot, it seems.
Anything but build a building on that lot, it seems.
RezBoy
New Member
I wonder if after this Trump will build another building in Toronto.
Edward
Senior Member
A little background on how Trump works.
NY Times
October 14, 2007
Consumed
Trumped
By ROB WALKER
Trump Soho
There was a time when the name “Trump SoHo†would have sounded like an oxymoron or a punch line. That time has passed. A 46-story, $3,000-a-square-foot condo-hotel with that very name is climbing into the skyline from a section of Manhattan once considered so hopeless that it might as well be razed to accommodate an expressway. Of course, some people still won’t accept the idea — like the neighborhood residents and preservationists who recently converged outside a promotional party for the project, waving signs scrawled with slogans like “Earth to Trump: Get Out of SoHo Now!†Donald Trump thanked them for the free publicity and claimed that although the building won’t open until 2009, there are already 3,200 purchase applications for its 400 units.
The building is backed by a partnership among the Trump Organization, the Bayrock Group and the Sapir Organization, but there was little question whose name would be slapped on the property. Trump’s company actually sells the right to use his name on dozens of luxury condos around the world, and, according to Forbes magazine, charges 8 to 15 percent of gross sales (meaning Trump is making money even if the licensee isn’t). Forbes calls the licensing business “the most valuable piece of the Trump empire by far.â€
Bayrock’s executive vice president, Julius Schwarz, says Trump SoHo is a partnership deal, not a licensing one. But the bottom line is that the word “Trump†adds to the bottom line. “Trump’s name brings the highest premium,†says Alex Sapir, president of the Sapir Organization. “I don’t think there’s any other household real estate name.†True enough, but what does that name mean in the households of downtown Manhattan? “I don’t know if it would have worked 10 years ago,†Sapir says. But downtown, he adds, “has changed incredibly.â€
Indeed, SoHo in 2007 is far removed from its days as a haven for artists, which is what made the neighborhood famous. Paper magazine, the longtime chronicler of downtown culture that was started in SoHo in 1984, just last year moved its offices from nearby TriBeCa to 32nd Street, says Kim Hastreiter, one of its founders. “We couldn’t afford it anymore,†she says. As it happens, Hastreiter, not long out of art school, was among those who, in the 1970s, took advantage of a city-backed plan that gave artists special tax deals to move into the sketchy stretch of neglected former factories. That was back when The New York Times still needed to explain that “SoHo†wasn’t a reference to the London neighborhood but a shortening of a city-planning designation for the area, South Houston Industrial District. By then the expressway scheme had faded; uptown art dealers and historic-district designation followed. And New York being New York, so did disillusion. One skeptic sneered to The Times that the area was becoming “a completely fake Bohemia, filled with dead ideas and dead art†and galleries that may as well “sell by mail order to Wichita.†This was in 1975.
Hastreiter is more generous. Even today a “downtown of the mind†persists, she says, although she’s referring more to a mind-set or an attitude than any particular place. She figures that SoHo, as a patch of geography where that mind-set flourished, “started to die like 15 years ago.†Now synonymous with pricey shopping, high-end dining, wildly expensive living spaces and posh hotels, the word SoHo means about what the word Trump means: money. “You have to be rich†to live in contemporary SoHo, Hastreiter observes. “Probably more rich than you have to be to live on the Upper East Side.â€
And that’s the point. Sapir himself maintains that SoHo and TriBeCa are among the most expensive neighborhoods in New York. But, of course, he and his partners see this as a sign of vitality, not death. To them, the project is about the downtowning of Trump, with key roles played by the “next generation†— Ivanka and Donald Jr. — in various design and décor decisions. Sapir (who is 27) seems to choose his words carefully when he says this Trump property will be “a little less exaggerative,†using materials that are “rich†but “don’t scream.†Presumably this means less emphasis on the color gold. “It’s for everybody who loves to enjoy life, who enjoys the finer things Sapir offers. “It’s fun. There’s been five-star in New York, but there’s never been five-star fun, five-star cool.†After all, he says, “this is SoHo.†And so it is.
NY Times
October 14, 2007
Consumed
Trumped
By ROB WALKER
Trump Soho
There was a time when the name “Trump SoHo†would have sounded like an oxymoron or a punch line. That time has passed. A 46-story, $3,000-a-square-foot condo-hotel with that very name is climbing into the skyline from a section of Manhattan once considered so hopeless that it might as well be razed to accommodate an expressway. Of course, some people still won’t accept the idea — like the neighborhood residents and preservationists who recently converged outside a promotional party for the project, waving signs scrawled with slogans like “Earth to Trump: Get Out of SoHo Now!†Donald Trump thanked them for the free publicity and claimed that although the building won’t open until 2009, there are already 3,200 purchase applications for its 400 units.
The building is backed by a partnership among the Trump Organization, the Bayrock Group and the Sapir Organization, but there was little question whose name would be slapped on the property. Trump’s company actually sells the right to use his name on dozens of luxury condos around the world, and, according to Forbes magazine, charges 8 to 15 percent of gross sales (meaning Trump is making money even if the licensee isn’t). Forbes calls the licensing business “the most valuable piece of the Trump empire by far.â€
Bayrock’s executive vice president, Julius Schwarz, says Trump SoHo is a partnership deal, not a licensing one. But the bottom line is that the word “Trump†adds to the bottom line. “Trump’s name brings the highest premium,†says Alex Sapir, president of the Sapir Organization. “I don’t think there’s any other household real estate name.†True enough, but what does that name mean in the households of downtown Manhattan? “I don’t know if it would have worked 10 years ago,†Sapir says. But downtown, he adds, “has changed incredibly.â€
Indeed, SoHo in 2007 is far removed from its days as a haven for artists, which is what made the neighborhood famous. Paper magazine, the longtime chronicler of downtown culture that was started in SoHo in 1984, just last year moved its offices from nearby TriBeCa to 32nd Street, says Kim Hastreiter, one of its founders. “We couldn’t afford it anymore,†she says. As it happens, Hastreiter, not long out of art school, was among those who, in the 1970s, took advantage of a city-backed plan that gave artists special tax deals to move into the sketchy stretch of neglected former factories. That was back when The New York Times still needed to explain that “SoHo†wasn’t a reference to the London neighborhood but a shortening of a city-planning designation for the area, South Houston Industrial District. By then the expressway scheme had faded; uptown art dealers and historic-district designation followed. And New York being New York, so did disillusion. One skeptic sneered to The Times that the area was becoming “a completely fake Bohemia, filled with dead ideas and dead art†and galleries that may as well “sell by mail order to Wichita.†This was in 1975.
Hastreiter is more generous. Even today a “downtown of the mind†persists, she says, although she’s referring more to a mind-set or an attitude than any particular place. She figures that SoHo, as a patch of geography where that mind-set flourished, “started to die like 15 years ago.†Now synonymous with pricey shopping, high-end dining, wildly expensive living spaces and posh hotels, the word SoHo means about what the word Trump means: money. “You have to be rich†to live in contemporary SoHo, Hastreiter observes. “Probably more rich than you have to be to live on the Upper East Side.â€
And that’s the point. Sapir himself maintains that SoHo and TriBeCa are among the most expensive neighborhoods in New York. But, of course, he and his partners see this as a sign of vitality, not death. To them, the project is about the downtowning of Trump, with key roles played by the “next generation†— Ivanka and Donald Jr. — in various design and décor decisions. Sapir (who is 27) seems to choose his words carefully when he says this Trump property will be “a little less exaggerative,†using materials that are “rich†but “don’t scream.†Presumably this means less emphasis on the color gold. “It’s for everybody who loves to enjoy life, who enjoys the finer things Sapir offers. “It’s fun. There’s been five-star in New York, but there’s never been five-star fun, five-star cool.†After all, he says, “this is SoHo.†And so it is.
InTheKnow07
Active Member
Trump Soho
I seriously looked at this property but they raised the pricing 50% from the initial projected costs. I may kick myself for skipping this one but you have to spread your risk and right now, I have to see the Toronto investment pay off first.
Technically, it is in the warehouse district in New York on the outskirts of Soho. If everything goes as planned, everything around this building will be scooped up by other investors and you will see the SOHO area exapanding into this area. The views right now will be absolutely phenomenal at this location of the midtown skyline, completely unobstructed. This may be one of those "I wished I had of" opportunities. Trump sees this going to $5000 per sq foot in the near future. That is not enough appreciation for me to shell out that kind of money.
I seriously looked at this property but they raised the pricing 50% from the initial projected costs. I may kick myself for skipping this one but you have to spread your risk and right now, I have to see the Toronto investment pay off first.
Technically, it is in the warehouse district in New York on the outskirts of Soho. If everything goes as planned, everything around this building will be scooped up by other investors and you will see the SOHO area exapanding into this area. The views right now will be absolutely phenomenal at this location of the midtown skyline, completely unobstructed. This may be one of those "I wished I had of" opportunities. Trump sees this going to $5000 per sq foot in the near future. That is not enough appreciation for me to shell out that kind of money.
caltrane74
Senior Member
It's nice to be rich eh? (IntheKnow)
I don't know the feeling. But I'm just assumin' its a good feeling.
I don't know the feeling. But I'm just assumin' its a good feeling.
paul451
New Member
Still no hoarding s of yesteday, but they seem to be really busy
InTheKnow07
Active Member
Busy doing what? All I say is one piece of equipment there