Free ice cream at condo sales centre when heat is too much to take
17 August 2012
joint builders —Lifetime Developments and Centre Court Developments—
are giving away free ice cream at the on-site sales centre for their
INDX Condos project at 70 Temperance St. whenever the temperature soars
past 30C in August — a promotion aptly named the Heat Indx.
“We’ve got a Haagen-Dazs freezer full of bars in the sales centre,” said CentreCourt senior associate Shamez Virani.
Sutton Place Hotel holds charity sale of contents before being turned into condos
08 August 2012
Laura Stone staff reporter
It’s all part of a charity fund raiser organized by Lanterra Developments, the developer that purchased the hotel for $57 million and plans to turn it into condominiums, set to open at the end of 2015. A similar sale — albeit a more high-end auction — took place at the former Four Seasons Hotel, two months ago. The luxury Yorkville landmark is also being gutted and turned into condos.
All proceeds from the Sutton Place sale, which began Wednesday, go toward Mount Sinai Hospital’s neonatal intensive care unit. Beds and sheets from the hotel will also be donated to Toronto Community Housing.
Lanterra president and CEO Barry Fenton said the company hopes to raise about $200,000 from the Sutton Place. That means everything — from $1 plates to a $30,000 painting — must go.
Items include those you might expect at the sale of a hotel’s contents: mini-bar ($50), ice bucket set ($20), iron ($10.) And others, such as a $5,000 grandfather clock, a marble-topped night stand for $75 or the $30,000 original Antoine Bouvard painting of a Venetian canal at sunset, are all part of the Sutton Place charm.
Visitors can also enter to win a hotel bedroom or living room set. Some pieces you just couldn’t find anywhere else. Jack Maguire carried around a Sutton Place plastic desk pad — price: 50 cents — to lay across his table at home for scrawling. “I always throw the big paper away and it ends up in some pile,” he said.
The sale runs Thursday from noon to 8 p.m., Saturday and Sunday from noon to 5 p.m., and Monday to Wednesday from noon to 8 p.m.
These auctions can be a great place for a condo to buy items to refresh the lobby, party room , management office or hallways.
A couple of condos bought items at the Four Seasons Hotel auction in July. They got great pieces at reasonable prices.
The prices are good and it will give the residents bragging rights for years to come.
Despite signs of cooling housing market, Toronto developers keep building
By Ora Morison Globe and Mail
07 August 2012
Toronto developers appear to be forging ahead with new projects, according to data from Statistics Canada released Tuesday, despite some signs the housing market is cooling, particularly for condos.
The number of building permits for all dwellings in Toronto has increased 141.7 per cent from June 2011 to 4,421.
Troubles in Condoland
Toronto Life magazine