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Those are all "old" cities where historical districts are an integral part of the character they present to tourists and visitors. Toronto is not a city like this, and here they have the opportunity to do something different and unforced, and do it well.

If you own a building like this, I would think your primary concern would be competitiveness in the market as much as it sucks that this is the case. Can't do much if you can't lease out any plates, and the lessors aren't really able to dictate what's popular right now.

I think that's a very uncharitable interpretation of the concern here.

Better than I was expecting.