There are two registration lists for the condos - the regular one, and the 'Inner Circle' one. Those in the 'Inner Circle' have put $1000 down to be first in line to purchase once sales start. One would hope that the Inner Circle list is limited to the number of units available in the building, but maybe some allowance for those not purchasing has been made. In any case, membership to the Inner Circle is still being advertised.
When the centre was first announced 3 and a half years ago the registration list quickly grew to about 2,000 names, and within a week the Inner Circle list was created. During the X Condo launch a few months ago Pat Baker told me that there has been almost no attrition from the Inner Circle list.
I suspect that Daniels, while acknowledging some softening of the market for luxury condos here, is not too worried about not selling this building out. It's the frickin' Film Festival Centre after all.
Members of the Inner Circle have been invited to one special Film Fest event per year since joining the list. This year the event is on Firday the 8th at Roy Thomson Hall, where many more specifics about the building will be released, followed by the gala screening of Perdo Almodovar's new film Volver.
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