Approval for what? Additional floors? Cheers!They tend to sit on their approvals forever before building too - they sat on this one forever, on their two north York sites, and I think they have a few other sites with the entitlements in place but no movement towards construction.
@innsertnamehere is saying that as opposed to developers who get their zoning and site plan approvals (and buildings permits) one after the other and then start building immediately, the Conservatory Group will get those approvals and then may sit on them for a few years before they start building.Approval for what? Additional floors? Cheers!
This actually explains why it has been so difficult in dealing with the Conservatory Group. Sometimes it feels like I'm uncovering a conspiracy when talking to the builder or City staff regarding this development. Thanks for sharing.Things are up at Conservatory. Anyone here have more insight than what's in the articles below?
Multibillion-dollar development empire, built by Auschwitz survivor, has been ordered sold because his four wealthy sons can’t get alongThe late Teddy Libfeld emigrated to Canada in 1951. He founded the company that became the Conservatory Group in 1960 and ran it, beginning in the late 1970s, with his children, until his death, in 2000. Now valued at between $2.5 billion and $4 billion, the company is one of the most...www.thestar.com
The Court has broad jurisdiction to intervene in the breakdown of partnerships and corporations where it is just and equitable to do so, and a broad…www.lexology.com
Glad to see that work is continuing here during the trouble at the company, at least those who have purchased here look like they have a building still under construction. I assume a conservatorship and a financing agrrangement of some kind is seeing this through.Oct 19
More up on site
Gives Conservatory Group name a whole new meaningGlad to see that work is continuing here during the trouble at the company, at least those who have purchased here look like they have a building still under construction. I assume a conservatorship and a financing agrrangement of some kind is seeing this through.