Condos

Moving on in the face of change and urban renewal can be difficult. In the case of about 20 businesses at the southeast corner of Yonge and Bloor Streets, the prospect of relocating has suddenly become all too real.

Bazis International of Concord is scheduled to construct a 79-storey complex at the site and intends to start demolition in December. And so recently it sent out lease-termination notices. That's when reality set in.

How dare they whine. Rich people need proper housing too!

...the price range for its condos: $300,000 for a one-bedroom unit to over $2-million for a full-floor penthouse of close to 10,000 square feet.

Oh thank God, I thought they wouldn't be affordable.

Oh and btw, this is not urban renewal (no condo project is)...

Veronika Belovich, Bazis's director sales and marketing, said: "We're trying to make the city better. This is a junky corner and we want to make it a fabulous area."

Oh sorry, I must be mistaken...

Read more here.