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 family. The buyers who lost money on the initial investment were reimbursed and a new project was born: Lofts des Arts.

There are 102 industrial style condos, from 818 to 1650 sq ft, with 10 foot ceilings and hardwood floors. The asking price starts at $250,000. There’s no model unit to see, because (according to the sales rep) “every unit is different and unique”.

Wishing best of luck with the new project and I’m happy to hear the buyers from Sleb got their money back. Will they return to the new project? My friend who bought there decided not to take a chance with the new developer. Maybe others will be more adventurous.

Posted By: Deya Bautista - Real Estate Broker working as part of the McGill Immobilier team. Specializing in high end condos in downtown and Old Montreal. For buying or selling contact Deya at: 514.917.7889 http://montrealrealestateblog.com/

According to BonJour Quebec Magazine, the Godin Building:

“Classified an historic monument in 1990 by the Ministère de la Culture du Québec, the Godin Building was largely ignored in the 20th century. Built in 1915 by avant-garde architect Joseph Arthur Godin, this prestigious “income property” was one of the first Art Nouveau structures to be built in Montréal and was constructed entirely of reinforced concrete. .

Today, the building has experienced a renaissance. Architect Dan Hanganu (Musée d’archéologie, École des hautes études commerciales) began working on the site in 2003. In addition to restoring the façade, he added a new section to the existing building, thus giving birth to the Hôtel Godin, a true boutique hotel.”

As you probably know by now, the Hôtel Godin was sold last year. It is true that it was a remarkable boutique hotel. Unfortunately it never really achieved its full potential as a business; since their opening date on 2004 the hotel had a major setback: they were unable to get a liquor license (it’s a long story), but they did try their best.

“Without a liquor license at the Hotel, the prior owner made the decision to leave the restaurant space unfinished and vacant. This was a major setback because of the Hotel’s strategic location within the entertainment district of Montreal.” – HVS Capital Corp.

On July 9, 2007, Opus Hotel (Trilogy Properties Corporation), a Vancouver based hotel owner/operator, obtained the leasehold interest of Hôtel Godin for $24,350,000, according to HVS Capital Corp.

Even though it is owned and operated by a different group, and it’s now called The Opus Hotel, most of us still remembers it as the Hôtel Godin.

Related Blog post on Opus:

• Opus Brand Alive in Montreal – Vacant Ready
• The Opus Blog

Posted By: Deya Bautista - Real Estate Broker working as part of the McGill Immobilier team. Specializing in high end condos in downtown and Old Montreal. For buying or selling contact Deya at: 514.917.7889 http://montrealrealestateblog.com/