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Old Posted Sep 12, 2012, 1:30 PM
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Quote:
Originally Posted by caltrane74 View Post
Conversion to the Britt Condos - Lanterra Developments

The Sutton Place Hotel in Toronto is set to become a condo once the charity auction of hotel is goods is complete. The plan not only includes the conversion of the existing hotel, but also adding additional 7 floors to the tower. This is a true one of a kind project, although, I will admit I did like the way the exisitng Sutton Place looks, there is no holding back progress and advancement. So be it! The sales process has begun, and I'm sure as with most condos in Toronto this will likely have a fairly quick circle from the sales to construction
Apparently this thing is not selling well at all. Could be a bit of an issue for Lanterra.
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