A fresh dose of the local market. Three times a week.
UPDATE: I was just forwarded this juicy article [Thanks Pat!] on the situation with Marciano and his properties here in da island. It turns out, that Mr Marciano has major financial and legal discrepancies with the city and well, the USA. According to Les Affaires, he's being sued in the US for 260 million dollars. The Quebec Superior Court authorized to seize over 54 banks accounts (who … [Read more...]
Remember the Ritz Carlton closing in the summer of 2008? Two weeks ago it was announced that the Project - estimated for 150 millions, with 130 rooms and 48 luxury apartments, will be delivering by December 2011 or January 2012. And, get this: More than HALF of the units are already sold AND the majority of buyers are QUEBECERS. The Ritz’s CEO expected less local buyers. And I admit, I … [Read more...]
Photo: Edward Plante-Frechette According to this article in La Presse, Vito Rizzuto's home is now for sale. (do we need to explain who Vito Rizzuto is? We didn't think so either!) The home, with a municipal evaluation of 1 million dollars, is asking for $1, 995,000.It is listed with Sotheby's agency. When the listing agent was asked if it will be difficult to sale the home of a mafia boss, … [Read more...]
Échos Montréal, Old Montreal local paper, issued an article last month about new construction condos and the McGill Real Estate Team. The article discusses the Condo market in Montreal, and the facts that makes the condo market still a favorable choice for buyers. If you don't know about McGill Immobilier, we are a boutique agency that specializes in Marketing and Selling New Condo Projects. … [Read more...]
If you’ve been reading the blog long enough, you’d probably remember the article about Sleb and the scandal with the developer back then, the money being owed to the people who purchased and the legal battle between the promoter (Minco), creditors (Dalle Nogare) and the buyers. The news were released last year, the Sleb project was finally settled and taken from Minco by the Dalle Nogare … [Read more...]
There's absolutely no doubt that Karl Fischer's work is smoking hot. His creations have been growing by the day in Montreal and New York City, with many other projects to come. He's been published in the New York Times and the Montreal Gazette. You can see some of his buildings in our city. Luxury condos in Old Montreal: and Le Themis. Also, the upcoming Le quartier parisien. Not to mention … [Read more...]
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