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Media Roundup - August 10th, 2007

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In the News

GardinerWhat to do with the Gardiner Expressway?  Dreams of taking down Toronto's elevated
highway probably began before construction was even completed.  Seeing as the highway doesn't appear to be coming down any time soon, Leslie Scrivener of the Toronto Star shares some examples of how other cities have learned to love their elevated highways.  Check out this spacing post for some good photos on the subject.

The Globe and Mail reports that shifts in demographics and employment patterns are driving condominium sales in the 905 area.

Linda McQuaig weighs in on the land transfer tax debate by concluding that since "home ownership is already out of reach for ordinary people," it makes sense to tax the remaining "privileged homeowning elite."  But perhaps this would just make a bad situation for first-time HomeBuyers even worse? 

The Donald Trump of Toronto, Harry Stinson,  is on some pretty shaky ground.  Apparently his partner, David Mirvish, has "lost all confidence in Mr. Stinson as a person with whom to do business."  Mr. Mirvish is going to court to get the $11.8 million that he claims Stinson owes him. 

Filmport1 Filmport2 The city recently unveiled designs for the Filmport by Will Alsop and Quadrangle Architects.  So far, the designs have been referred to as a bad piece of "plop" sculpture and even a cheese-grater.  Only time will tell if the building ends up being an 'iconic landmark' - in that good sort of way.

Get out to celebrate the life of Ed Mirvish this Sunday by attending a free party at his eponymous emporium at Bloor and Bathurst, and don't forget that the Taste of the Danforth festival is also on this weekend.

John Pasalis
John Pasalis
John Pasalis is President of Realosophy Realty, a Toronto real estate brokerage which uses data analysis to advise residential real estate buyers, sellers and investors. A specialist in real estate data analysis, John's research focuses on unlocking micro trends in the Greater Toronto Area real estate market. His research has been shared with the IMF and cited by the Bank of Canada and CMHC. A frequent commentator on the Toronto housing market and real estate consumer and industry issues, John has contributed to the Globe and Mail, CBC, BNN Bloomberg, TVO's The Agenda, Toronto Star and other media, national and international government and industry organizations. John holds a B.Sc. in Economics from the University of Toronto and is a candidate in the Doctorate of Business Administration Program at the University of Toronto and Henley Business School (UK).
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