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111 Peter (recent sale)

@cd concept
It was purchased by iA so it's very likely not a redevelopment play. This thing traded in 2007, 2011, 2017 and 2019 and always increased substantially in value. I'd imagine they'll hold on for a couple of years, suck up the increase, then vend later.

Where are you envision anyone is putting two towers here??

Doubtful, as laid out above.
 
Maybe they'll keep and renovate the existing building on the bottom and build one large or two thin ones on top. To the tune of 50 or more storeys.
 
I've been posting less and less as there are just too many threads to cover. Creating a thread before a firm proposal doesn't help either. With that said, $185,000,000 is pure insanity. That's nearly the same amount as the Sugar Wharf site. We desperately need more regulation.
 

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