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128 Hazelton condo

Another One? Mizrahi’s second Yorkville condo project now in receivership

A receivership order granted last Tuesday, June 4, has appointed KSV Advisory as the receiver and manager over the property at 126–128 Hazelton Avenue in Toronto. The order effectively allows KSV to exercise control over the property moving forward.

Constantine Enterprises Inc. (CEI), which has a 50 per cent stake in the condo project at 128 Hazelton Ave., first made a plea for receivership back in February, with court documents showing that CEI filed for KSV to manage and possibly sell the project to recover debts, identifying Sam Mizrahi as the principal of both Mizrahi 128 Hazelton Inc. and Mizrahi 128 Hazelton Retail Inc.

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The One

Troubled condo project The One looking for $1.2-billion sale – or else lenders won’t unload it

The receiver for The One condo tower is seeking to sell Sam Mizrahi’s unfinished skyscraper, saying creditors won’t accept anything less than $1.2-billion for the troubled project.

The One’s lenders are owed $1.5-billion after Mr. Mizrahi and the tower’s co-owner, road-paving magnate Jenny Coco, defaulted on loan payments during the construction of the luxury condo and hotel tower in downtown Toronto.

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Dianne Saxe newsletter

May 2024 Newsletter

The March 2024 Newsletter for University-Rosedale is now available! Once you have downloaded the newsletter, you will be able to zoom to whatever font size you find most comfortable.

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Starbucks Demolition

Say bye to Starbucks

Starbucks on Yonge is demolished to make way for new building.

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Create a paradise for bees and butterflies

As our minds turn to Spring and the garden here are some ideas to help you help nature.

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Ramsden Park sign in winter

Ramsden Park: A Park that Built a Community

The ABC Residents Association believes Ramsden Park has an interesting and important story to tell. Since the City of York’s earliest beginnings, this unique landscape has had a meaningful connection to this community. We believe that Ramsden Park meets the criteria for designation as a Cultural Heritage Landscape.

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Dianne Saxe

Rosedale-University Virtual Town Hall – June 20, 7 p.m.

The summer break and halfway point of 2024 is fast approaching — a good time to take stock of accomplishments at City Hall in 2024 and consider the challenges that remain. I would like to invite you to an “ask me anything!” edition of the University-Rosedale town hall.

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Gardiner Expressway at downtown Toronto

Europe’s urban advantage leaves us in the shade

Every time I come home from a trip to Europe, I feel a little ashamed. Ashamed and perplexed. Why is everything so much better over there? The parks, the public transit, the highways, the squares, the museums – even the garbage bins are better than ours.

Arriving in Toronto, where I live, feels like crossing into the East Bloc from the West during the Cold War. Everything looks so shabby. The main route into downtown from the airport is in scandalous shape. Rusting guardrails. Garbage and weeds on the shoulders. Potholes and bumps. The inbound drive along the Gardiner Expressway is like a ride on a decrepit roller coaster…

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