Parasitic architecture sounds like a bad thing because of the connotations, but you could make an argument that it is, in fact, the exact opposite. It is a way to better leverage existing structures and reclaim under-utilized urban spaces. Perhaps additive architecture would be a… Read More
The Sydney Morning Herald recently reported that an oversupply of apartments has started to put downward pressure on rents and upward pressure on vacancy rates in the city. Here are a few excerpts from the article: Sydney is in the grip of an apartment building… Read More
Today, Urbanation released its Q4-2018 market highlights report for the Greater Toronto Area. The general media will pick up these numbers and tell you that there’s been a precipitous decline in the number of new condominium sales. But the reality is that 20,028 units were… Read More
This morning I went through some of the floor plans for King Toronto, which are now up on BuzzBuzzHome. In case you’re wondering, they are currently showing an average price of $1604 per square foot. Here is a 1 bedroom + atelier: And here is… Read More
John Lorinc has a piece in the Autumn 2018 issue of University of Toronto Magazine that is worth a read. It covers families in Toronto being priced out of the low-rise housing market and/or making the conscious decision to live in an apartment or condo.… Read More
Yesterday Urbanation released its Q2-2018 rental report for the Greater Toronto Area. It tracks both purpose-built rentals and condominium rentals, the latter being condominium units that are listed for rent on MLS. The average condo rent, for all unit types across the GTA, is up 11.2%… Read More
I saw in the news recently that Hong Kong just set a new world record for the most expensive parking spot. I think it also held the previous record. Last month somebody paid HKD 6 million for a single stall in the Ultima apartment complex… Read More
Now that things have quieted down from last night, I would like to say that we are thrilled by the response to One Delisle and the broader ideas for the block. There was a lot of positivity last night at the open house and today… Read More
Tishman Speyer just unveiled a new condo project in Brooklyn called 11 Hoyt. And it just so happens to be Studio Gang’s first residential project in New York City. Preview above. More renderings over here. It’s a 51 storey condominium with 480 residences and 55,000… Read More
A friend of mine sent me this article earlier today with a sarcastic comment about the relationship between housing supply and rents. The article talks about how rents in almost every Manhattan neighborhood have fallen compared to a year ago because of a flood of… Read More
