- Jun 10, 2014
- Reaction score
probably racing against Wong Tam to make sure its gone before anything can be set in place to prevent its demolition. The rational start point for demolition would have been the rooftop billboards, but yet here they are removing the facade. Its pretty clear they are trying to get rid of it ASAP.
They are moving quick though, I walked by this last night and there wasn't even fencing up.
Mizrahi knows what they are doing, they might only have 2 condo developments under their belt but they know how to do things. They bought an old house on Hazelton that was under heritage designation, they wanted to demolish the building and heritage refused it, so they cut a couple of strategic holes on the roof and walls, left the windows open and let it sit for a while, water and ice got in and the property was a "write off" (according to their people), heritage still refused to allow them to demolish but they got their way after all.. he bought the property for dirt cheap as well and sold it as land value after demolishing it for quite a good profit.