Zakiya Kassam
Zakiya has reported on real estate for Apartment Therapy, Curbed, and Post City Magazines. She also writes a quarterly series for a Canadian design publication.
Associate Editor
Taxes
Toronto Could Face Higher Property Taxes As Feds Cut Refugee Support
The City's Canada-Ontario Housing Benefit allocation is being slashed by 60%, while funding through the Interim Housing Assistance Program will cover only 26% of this year's projected spend on sheltering asylum seekers.
Urban Living
Formline, KPMB Selected To Design New Vancouver Art Gallery Building
Formline Architecture + Urbanism and KPMB Architects have been selected from over a dozen applicants to lead the design of the new Vancouver Art Gallery building at 181 West Georgia Street.
Industry
ELM Developments Is ‘Looking Forward’ With Its Distressed Real Estate Division
“We invest in projects, and we invest in them because we believe in them,” says Elliot Steiner, President of ELM Developments, a company that stabilizes and, in some cases, invests in distressed real estate.
Industry
Condo To Rental Pivot Gains Momentum In GTA With ‘Big Behind-The-Scenes Push’
“Today, almost every condo project struggling to sell is looking at the option to convert to rental.”
People
Northcrest Exec Beau Brooker On What Success Means To Him Leading Construction Of YZD
Beau Brooker was brought on as Northcrest’s first-ever vice president of construction in July to bring the vision for the Downsview Airport redevelopment to life.
Economy
Bank Of Canada Cuts Interest Rate To 2.50% After Three Consecutive Holds
This follows three consecutive holds from the central bank in April, June, and July.
Finance
Where Every Big Bank Stands On Wednesday's Interest Rate Announcement
We could be looking at a quarter-point interest rate cut this week, but a strong inflation reading on Tuesday could change the name of the game.
Real Estate News
Montreal, Ottawa Lead National Home Sales To Best August Since 2021
National home sales have picked up 12.5% since March, and CREA economists are optimistic for a more active fall.
Real Estate News
From Pandemic Peak To Pricing Reality: What GTA Sellers Need To Know
“We are going into this eyes wide open, and having those hard conversations very early in the process.”
Construction
Latest CMHC Report Confirms What We Already Know — Toronto Is In Crisis
The federal housing agency says that Toronto is in for its lowest level of housing starts in 30 years.
Listed Commercial
Receiver Seeks Sale Of Midtown Toronto Site Approved For 32-Storey Flatiron
The parcels at 3742, 3748, and 3750 Bathurst Street were placed under receivership in June with lenders alleging indebtedness of over $28 million.
Development Projects
Fengate Forges Ahead With “Landmark” Purpose-Built Rental Site Zoned For 44 Storeys
Fengate Asset Management announced that it had closed on the sale of the site at 4-10 Beamish in Etobicoke in mid-July.
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