250 Lawrence West (Graywood) - Real Estate -

[smm033]

This would indicate they are more behind than the November firm dates others have received would suggest. So they will divert resources from work on upper floors to try to meet the already-announced November deadlines and limit any potential compensation by pushing not-yet-firm units far into the future.

I wonder what delay 8th/9th floor buyers are getting.

 

[mgillett]

This would indicate they are more behind than the November firm dates others have received would suggest. So they will divert resources from work on upper floors to try to meet the already-announced November deadlines and limit any potential compensation by pushing not-yet-firm units far into the future.

I wonder what delay 8th/9th floor buyers are getting.

Would that mean that the time from firm occupancy and final closing will be at least into March 2024? All floors have to have firm occupancy met in order for the final closing to happen I would think. Can anyone confirm that.

 

[GavinBilen]

That’s pretty much the worst case scenarios for us then; we pay occupancy fees while having to wait all the way until March/April to close

This would indicate they are more behind than the November firm dates others have received would suggest. So they will divert resources from work on upper floors to try to meet the already-announced November deadlines and limit any potential compensation by pushing not-yet-firm units far into the future.

I wonder what delay 8th/9th floor buyers are getting.

 

[Aoshowtime]

When you guys think we will close then if upper floors still end of Feb 2024

 

[GavinBilen]

9th floor isn’t units I believe it's common area

This would indicate they are more behind than the November firm dates others have received would suggest. So they will divert resources from work on upper floors to try to meet the already-announced November deadlines and limit any potential compensation by pushing not-yet-firm units far into the future.

I wonder what delay 8th/9th floor buyers are getting.

 

[smm033]

Assuming one had available cash, I wonder if the developer will allow additional deposits to at least reduce the interest portion of the interim occupancy fee. Interest on the 80% unpaid amount at 7% or so would add up quickly.

 

[mgillett]

I thought the 9th floor had both the penthouse units + common area

9th floor isn’t units I believe it's common area

 

[smm033]

9th floor isn’t units I believe it's common area

There are some units on 9, not sure if they are all sold or not.

 

[Aoshowtime]

I hope this isn't a long occupancy period

 

[GavinBilen]

I hope this isn't a long occupancy period

Does anyone know what they are referring to when saying have occupancy documents in order? What do we need to have

 

[Aoshowtime]

Does anyone know what they are referring to when saying have occupancy documents in order? What do we need to have

Mortgage Approval letter will be one.

 

[GavinBilen]

Mortgage Approval letter will be one.

What’s the point of getting mortgage approval letter if closing is further then 90 days away though ?

 

[Van Der Sluys]

Mortgage Approval letter will be one.

Regarding having occupancy documents in order--what's needed would be explained in Graywood's Webinar by their Homeowner's Relations Team. Did you receive an invitation?

 

[Aoshowtime]

Regarding having occupancy documents in order--what's needed would be explained in Graywood's Webinar by their Homeowner's Relations Team. Did you receive an invitation?

Yes I signed up. It's next wk.

 

[GavinBilen]

Regarding having occupancy documents in order--what's needed would be explained in Graywood's Webinar by their Homeowner's Relations Team. Did you receive an invitation?

Yep