'Transformative' Subway Extension
To Vaughan Opens
A party atmosphere reigned at the new Vaughan Metropolitan Centre subway stop Sunday as the station marked opening day.
Thousands of commuters, Christmas shoppers and the curious mingled with musicians, portrait painters and jugglers while TTC workers handed out info and souvenirs.
On the subway itself, it was standing-room only as passengers took advantage of the TTC's day of…
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The 24 Deals And Trends That Defined Real Estate In 2017
From blockbuster deals to feminism, 2017 was an industry-changing year for commercial real estate.
And while it was a year that saw bottom lines thrive and construction cranes ever increasingly dot skylines across the globe, it was also a time of change and uncertainty: an eerily long cycle, Brexit aftershocks, retail closures, industry-shaking legal battles, labor shortages, discrimination in the workplace, natural disasters and the tapered flow of Chinese capital into western markets. But despite the unease, the industry stood strong under two words: cautious optimism.
Click here to read about 24 of the biggest deals and trends that shaped real estate in 2017. |
Vancouver Industrial Land Rarer, More Expensive
Vancouver continued to move toward a post-industrial future as 2016 industrial building sales declined even while hitting a monetary record, according to a new Avison Young report.
The Winter 2017 Vancouver Industrial Report found Vancouver industrial building sales hit $192M in 2016…
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Toronto CRE Investment Stays Strong In All Major Sectors
Investment in Toronto commercial real estate continues to remain strong across the board, according to the JLL Capital Markets Insight, Q3 2017 report.
Overall Toronto investment volumes for the third quarter hit $3.9B, up from $3.2B in the second quarter, the JLL report…
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King Street Transit Experiment Shows Marked Rush-Hour Improvement
Initial statistics for the controversial King Street Transit Pilot project show downtown streetcar users are getting to work and home faster.
Launched Nov. 12 as part of an ongoing effort to deal with downtown congestion, the city initiative forces vehicles off King…
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The Top 10 CRE Tech Stories Of 2017
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Will Tax Reform Prompt An Exodus To Florida After All?
As tax reform began to take shape in November, and it became clear there would be limits (or an all-out stop) to what earners could deduct in state and local taxes on their federal returns, Bloomberg warned of an "exodus from Manhattan and Greenwich."
Wealthy earners, the thinking went, would head toward the pro-business climate of Florida, where there is no personal state income tax.
Experts who spoke to Bisnow said wealthy earners might mull the idea of moving, but tax reform would be unlikely to spur them unless they had already been wanting to move.
Click here to read the full story. |
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