YSL Residences - Yonge Street Living (383 Yonge) | 299m | 85s | Cresford | Kohn Pedersen Fox

karledice

Active Member
Member Bio
Joined
Jun 21, 2019
Messages
245
Reaction score
193
It's sad :( they did a good job with the design and preservation of the heritage components
Hope the new developer builds it to existing spec and honors the buyers contracts
 

flavakid32

New Member
Member Bio
Joined
Jul 22, 2012
Messages
74
Reaction score
64
It'll be interesting to see if the buyer, whomever they might be, cancels existing contracts or tries to turn a profit within them. Given the previous month, I expect they'll try to keep the existing purchase agreements in place as it may be a couple years before sales numbers/prices are developer friendly again.
Good point!!
 

canuckdave

New Member
Member Bio
Joined
Apr 9, 2019
Messages
10
Reaction score
12
Location
Toronto ON Canada
We're stuck with a hole in the ground and diminished sidewalks for the next few years. Buyer confidence to get this project moving again is going to take several years due to the corona-virus pandemic.
 

interchange42

Administrator
Staff member
Member Bio
Joined
Apr 23, 2007
Messages
23,214
Reaction score
19,340
Location
by the Humber
We're stuck with a hole in the ground and diminished sidewalks for the next few years. Buyer confidence to get this project moving again is going to take several years due to the corona-virus pandemic.
The Covid speculation should be kept to one of the Covid threads, unless you know what you are stating is fact in regards to this development… and at the moment, we do not know the fate of YSL.

42
 

thaivic

Active Member
Member Bio
Joined
Mar 2, 2012
Messages
179
Reaction score
824
Who ever lands up buying and building here should build what's approved and should not be able to cancel existing purchase agreements these units were sold for top dollar.
 

karledice

Active Member
Member Bio
Joined
Jun 21, 2019
Messages
245
Reaction score
193
Who ever lands up buying and building here should build what's approved and should not be able to cancel existing purchase agreements these units were sold for top dollar.
Let's hope so
It's also in their best interest because the design has been approved and greenlit by the city
 

ushahid

Senior Member
Member Bio
Joined
Sep 26, 2013
Messages
2,280
Reaction score
1,514
Location
Vernon, BC
condo prices in general will drop but as Cresford has sold these condos at the price of kohinoor, shouldn't be a problem? Concord will built it as it is. They might put in some cheap @$$ spanderel and green glass though.
 

ptbotrmpfn

Senior Member
Member Bio
Joined
Jan 29, 2011
Messages
1,147
Reaction score
209
Hope not and that the design doesn’t change yet again got use to the idea of all the designs that they are had for now. Hopes for anything great here have flew the coup.
 

ptbotrmpfn

Senior Member
Member Bio
Joined
Jan 29, 2011
Messages
1,147
Reaction score
209
The two tower bridge design was the best one for me. Then the single tower with the curves and indent. The last design took forever for me to like. And now .... what a mess this project is, and doesn’t know what it wants to be. Shape wise. And to have this happen wildest in mid dig. Wow
 

Top