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    Toronto 214-230 Sherbourne | 150.55m | 46s | KingSett Capital | Hariri Pontarini

    A bit from Doug Fisher's blog - not sure of the original source - https://cabbagetownreview.blogspot.com/ : This points back to the original between the lines reading of Chris Moise's comments about expropriation being an option. It's unclear to me what the full basis of pricing for such an...
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    Toronto 214-230 Sherbourne | 150.55m | 46s | KingSett Capital | Hariri Pontarini

    The Bridge has some limited extra information and context: https://thebridgenews.ca/does-the-city-still-have-an-eye-on-214-230-sherbourne/
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    Toronto 214-230 Sherbourne | 150.55m | 46s | KingSett Capital | Hariri Pontarini

    Nothing in writing I'm afraid. Chris Moise said it at one of his town halls - a friend played a recording of it to me, I'll see if I can get hold of a copy. My assumption is that either it will turn up somewhere in the public minutes for the relevant committee or that it will be one of those...
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    Toronto 214-230 Sherbourne | 150.55m | 46s | KingSett Capital | Hariri Pontarini

    I don’t know how much the offer is or if they’ve accepted it. It’s possible they’d be prepared to sell at a loss given current market conditions too. Either way, agreed it’s really bad to give into a small number of activists on something like this.
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    Toronto 214-230 Sherbourne | 150.55m | 46s | KingSett Capital | Hariri Pontarini

    Like I said, the city of Toronto has made Kinsgsett an offer to buy the this location from them. See my other post for why I think that implies a highrise slum might be the outcome.
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    Toronto 214-230 Sherbourne | 150.55m | 46s | KingSett Capital | Hariri Pontarini

    I hope that too but what I got from Chris Moise was that he hopes it will allow them "to do something about the Dan Harrison complex". My assumption is that means building a more or less one for one replacement - albeit with greater capacity - before then redevloping the other one.
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    Toronto 214-230 Sherbourne | 150.55m | 46s | KingSett Capital | Hariri Pontarini

    The city has made Kingsett an offer for the site. It looks like it's going to get turned into another highrise slum.

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