...putting all the internet philosophy, armchair'd or otherwise, aside here, Mizrahi was certainly not learning from his mistakes...and demonstratively so. He was still insisting on expenditures on his signature interiors (read: feature creep), instead of making sure everyone gets paid under the receivership agreement...or least how I read why he was shown the door in part. And that seems one example of many him playing fast, loose and disingenuously with his creditors' money. So this strongly suggests that he hasn't given pause and owned the mistakes he's made. I'm sure he's wonderful person outside of that, but I wouldn't trust him even with a three dollar bill at this point. And therefore, it's likely the best that he's out of the way on this project, IMO.

It's sad to see him go, but I'm not sorry to see him go.
 
I still stand by my original statement that Mizrahis biggest mistake was not sticking to his original plan of going with RAMSA for this site.
 
UtakataNoAnnex said:
...putting all the internet philosophy, armchair'd or otherwise, aside here, Mizrahi was certainly not learning from his mistakes...and demonstratively so. He was still insisting on expenditures on his signature interiors (read: feature creep), instead of making sure everyone gets paid under the receivership agreement...or least how I read why he was shown the door in part. And that seems one example of many him playing fast, loose and disingenuously with his creditors' money. So this strongly suggests that he hasn't given pause and owned the mistakes he's made. I'm sure he's wonderful person outside of that, but I wouldn't trust him even with a three dollar bill at this point. And therefore, it's likely the best that he's out of the way on this project, IMO.

It's sad to see him go, but I'm not sorry to see him go.
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A lot of the complexity was the size of the project, covid, city delays, and complexity of the structural expressionist Foster design.

Compare this project to how quickly One Saint Thomas went up. His original idea of going with RAMSA was perfect, he should have stuck with his original gut. In general our initial gut feeling on anything is usually the correct decision

Mizrahi has done a great job with the midrises on Davenport , and should stick with that. Id like to see him buy up some of those butchered Victorians on the north side of Davenport and put together an assembly. Quality over quantity.
 
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Part 1 of 2 taken on February 28, 2024:

Bay and Cumberland:

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Balmuto Side:

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Back Alley:

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Bloor Side:

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hawc said:
What you've said is like saying, "You can't win the lottery if you don't play." True, but playing also won't mean winning for like 99.99999999% of people.
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Gotta disagree with the analogy.

Time and effort don’t equate to random selection.

He shot for the moon and lost, but there will be many who respect that he even tried.
 
What do we think the current height of the building is? When is it going to pass the height of the Four Seasons Hotel (200 m) and become the second tallest building in Yorkville? (I know that YV is in the mix here, too - it might be currently beating the One.)
 
xy3 said:
A lot of the complexity was the size of the project, covid, city delays, and complexity of the structural expressionist Foster design.

Compare this project to how quickly One Saint Thomas went up. His original idea of going with RAMSA was perfect, he should have stuck with his original gut. In general our initial gut feeling on anything is usually the correct decision

Mizrahi has done a great job with the midrises on Davenport , and should stick with that. Id like to see him buy up some of those butchered Victorians on the north side of Davenport and put together an assembly. Quality over quantity.
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I get that. And I wish the best of luck on whatever he decides to do next. But his financing of stuff, to use a term Mr. Parkdalian has used above me, is bananas.
 
Isotack said:
This...if not for people like him...a risk taker, the world would be a very different place.
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The trait of a classic narcissist.

"I developed the building, I bought the corner, I zoned it, I built it up to the 53rd floor — all of the heavy lifting, I've done. There's no dispute about that," he said. "Nobody can dispute that my legacy in terms of what I've done stands and speaks for itself."
 
SonyPayStation said:
The trait of a classic narcissist.

"I developed the building, I bought the corner, I zoned it, I built it up to the 53rd floor — all of the heavy lifting, I've done. There's no dispute about that," he said. "Nobody can dispute that my legacy in terms of what I've done stands and speaks for itself."
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There's nothing false in that statement. It'll be a great building, and Mizrahi has a right to be proud. of it. Is he a narcissist? I'm not a psychiatrist, so I wouldn't presume to make that diagnosis. No doubt everybody playing in the RE development game has a healthy ego.
 
Blovertis said:
There's nothing false in that statement. It'll be a great building, and Mizrahi has a right to be proud. of it. Is he a narcissist? I'm not a psychiatrist, so I wouldn't presume to make that diagnosis. No doubt everybody playing in the RE development game has a healthy ego.
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He personally did all of the hard work. No team. And no realization that his legacy involves screwing purchasers, trades, and investors.

But OK. i'll drop this.
 
Hey if anyone wants a good laugh at what a developer really messing up look up 432 Park avenue in New York 96 story building built so bad/rushed that the owners say it's unlivable and are sueing the builder and if that isn't funny enough the architect who owns a unit is one of the main plaintiffs just kinda thought it fit into this topic nicely 🤣🤣🤣
 
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