Tag: real estate

    Tired of Toronto? Why not move to the St. Catharines-Niagara region

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    From the National Post:

    It took Russell Phipps just one day to sell his three-bedroom, 1,800-sq.-ft. house in Ajax, Ont., after a fierce bidding war. With an early closing and no place yet to live, the Toronto native moved into a friend’s 550-sq.-ft. Corktown condo in the city to give downtown living a try. It didn’t take long before he realized he wanted out ? far out… Read More…

    Fixing the Falls: Hoping for a development

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    From the Niagara Gazette:

    Niagara Falls Redevelopment.

    For many years, candidates seeking elected office in the city of Niagara Falls have been asked how they would advise the city to deal with the company which, through its various affiliates, owns more than 400 parcels of prime real estate near the heart of downtown.

    This year’s crop of mayoral candidates and city council hopefuls generally agree more needs to be done from the city’s end to spur action within NFR’s development territory.

    The majority also said they would support a direct approach — simply sitting down with owner Howard Milstein or his associates and discussing why more hasn’t happened on NFR land and what more can be done from the city’s end to help move things along.

    Debate stirs over Canadian falls hotel plan

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    From the Niagara Gazette:

    A plan is in the works to build a 57-story hotel and two more high-rise buildings on a prime piece of real estate overlooking the Horseshoe Falls in Canada.

    The developer maintains that the project being proposed for the property which has been home to the Loretto Christian Life Centre for 148 years will provide patrons with a glorious view and jobs for perhaps as many as 1,000 people.

    Opponents fear construction of high-rise building so near the Falls will have profound implications for the natural environment of the surrounding area and could detract from the experience of Americans and American visitors looking across the river to Canada.

    Talks boost development hopes in Falls, but progress still slow

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    From the Buffalo News:

    More than a decade ago, Manhattan real estate billionaire Howard P. Milstein first invested in a company with grand plans to redevelop a huge swath of derelict property in Niagara Falls, and so far there is almost nothing to show for it.

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