Slate Asset Management is the external manager of Slate Office REIT and owns very little of it. While this may point to bad execution by their finance group on their mortgages it isn't really indicative of SLAM as a developer.

It's being sold as an 85 story building with no mention of extra floors available. They do mention that the new owner could refigure the penthouse floors.

The JLL brochure and offering doc list the height as 85 stories.

And also repainting the building tiffany blue from what I hear.

Too bad Abercombie & Fitch in it's old iteration as outfitters isn't still around. This would have been the perfect place for it. Even could have put a fly fishing pond on the roof like they had on Madison Ave. They were in the Exchange Tower with a large store in the '80's. Kind of like a mix...

Across the street from this is Monza which if you have a south facing unit will have fantastic views which won't ever be disrupted.

There's a video walkthrough of Boston Consulting's new space there which is absolutely stunning.

Looks like CF is going to re-façade 20 Queen West. I think those two towers are pretty iconic to the Toronto city-scape so I'd hope they are done tastefully but I have my doubts.

I have to look at it every day from my office window!

Today looking north, finally peeking out.

Why would you want to reduce parking here? The ossington bus is a good NS route but there is a dearth of EW transit. You will still get people with cars living here and parking will just go to further crowding an already at capacity street parking condition. St. Clair is no different. The amount...

I doubt this breaks ground until Monza is well underway. The backers of this are institutional and deep pocketed. They can wait until the market is focused on their building as opposed to the two others within a block.

Correct, this is where the sales center will be. No idea what the plans are for after but that's a decade away at this point...

Would look a lot better stepped back from the ROM and not over powering it through height. Could do with being a story or two lower even then.

Demo just started.

You understand that the first mortgage is held by Firm as well as the subordinated bridge correct? Really the debt is broken up into a couple of tranches but it's all through Firm. I haven't talked to them specifically about this piece of debt (though I know that they are comfortable with it and...

Old One: New One: You tell me. Does this look better? Higher quality? I would say that the process is the cheapening of the finishes and blunting of the architecture to lower costs. The Developer would be the one to blame.