Almost 70% of commutes in New York City are done by walking, biking or taking transit. That’s the highest of any American city according to Atlantic Cities: Probably the biggest driver of this is urban density. That’s because walking, biking and taking transit becomes impractical… Read More
Monthly archives of “October 2013”
Balancing progress
Some buildings should be torn down. And others should not be. The challenge, sometimes, is figuring out which is which. But when a great building is torn down, I get upset. I get upset because good architecture should represent the place and era in which… Read More
Prospect Theory
I just read an interesting chapter from Tim Smith’s book, “Pricing Strategy: Setting Price Levels, Managing Price Discounts and Establishing Price Structures.” It’s Chapter 5: Psychological Influences on Price Sensitivity. The chapter covers a number of pricing phenomenons, such as why prices ending in .99… Read More
Paul Reichmann, dead at 83
This past Friday, Paul Reichmann passed away in Toronto. He was 83. For those in the real estate business, Paul was a legend. He was the developer behind landmark office projects such as First Canadian Place in Toronto, World Financial Center in New York and… Read More
Who is worried about Canada’s housing market?
Atlantic Cities just posted an article on the world’s 5 largest housing bubbles. In descending order of real growth, they are: Israel Norway Switzerland Canada Germany Not surprisingly, Canada is on the list. There is, of course, lots of talk both locally and abroad about… Read More
Video: Detroit just needs 10 years
As some of you know, I was recently in Detroit. I went to check out the city because I heard about all the positive things that were starting to happen. Well here is a video that does a good job of summarizing some of that… Read More
What the St. Lawrence Market neighbourhood looked like the 70s
This week was the first public meeting for the revitalization of Berczy Park in the St. Lawrence Market neighbourhood of Toronto. I wasn’t able to attend the meeting but, as a resident of the area, I am interested in the project and will be following.… Read More
What the St. Lawrence Market neighbourhood looked like the 70s
This week was the first public meeting for the revitalization of Berczy Park in the St. Lawrence Market neighbourhood of Toronto. I wasn’t able to attend the meeting but, as a resident of the area, I am interested in the project and will be following.… Read More
Panel: Investing in Condominiums
I sat on a panel tonight for a discussion on investing in condominiums. It was organized by the Six Degrees Real Estate Mixer group. My overall position was that we’re now returning to a more balanced market. The days of massive appreciation and overnight riches… Read More
Keeping a journal
When I was in grade school at the Toronto French School, I had an English teacher named Mr. Hoad (spelt correctly, I hope) who used to make us all keep a journal. We were supposed to write something in it everyday. No exceptions. It could… Read More