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Menkes Developments has acquired the LCBO lands on Queens Quay East, and Peter Menkes gives us a preview of his team's mixed-use vision for the 11.5-acre site. 
“We see this as the expansion of South Core to the east,” says Peter, president of Menkes' commercial-industrial division. His family's firm pioneered South Core a decade ago with 25 York St, followed by One York St (opening soon) and Waterfront Innovation Centre, just down the…
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Transit And Amenities: Keys To Survival For Suburban Office
Combined Class-A and B office vacancy in GTA West rose to 18.4% in 2015, with much of the available space in decades-old buildings in the Airport East node along Airport Road. That's according to Newmark Knight Frank Devencore, whose sharply…
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Northview Offers Fort McMurray Tenants Free Emergency Housing
Northview Apartment REIT is offering a month's free accommodation at its properties across Canada to 645 families residing in Northview's Fort McMurray buildings, and to the 30 employees based there who've been displaced by the wildfires. CEO Todd Cook says the company's…
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Exclusive Panama Papers Q&A: 'We're Going To See More And More Of These Types Of Disclosures'With a global news consortium releasing its new searchable archive of the controversial Panama Papers yesterday, Bisnow sat down with Ed Mermelstein, a Manhattan-based international real estate attorney who for more than 20 years has represented international high-net-worth investors, world leaders, Russian oligarchs and Chinese billionaires in private equity, and commercial and residential real estate transactions. Ed gave us his take on the importance of these documents—and what it's like working with wealthy foreigners who spur a good chunk of US real estate transactions. |
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Economists Weigh In: Can The Oil Rally Continue?Oil prices have seen a serious rally since their $30/barrel low in January—but some speculate that this is the market overheating, just as it did last year, and that we'll see another oil price slump. Bisnow asked top economists to weigh in on whether we can expect the rebound to continue, or if we'll simply see a repeat of 2015. |
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