Monopoly At “The Berwick”

Condos | January 7, 2011

How in the world did one developer get twenty home-owners, all in the same block, to sell their properties?

Most people assume that a condo development is built on the proverbial “vacant land” that just happened to be sitting there, ripe for development.  But sometimes, you’ve gotta get dirty!

The corner of Duplex and Berwick is (was) home to 20 houses which will eventually be demolished and a 17-storey condo will be built in their place…

Do you think I’ll regret telling that story about how “some people” play Monopoly without subscribing to the actual rules?

Time will tell…

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6 Comments

  1. K.

    at 7:45 am

    For and example of where this isn’t so nice, see the block north of High Park, around Oakmount. There are probably a dozen houses that have been sitting there boarded up for as long as I can remember. I don’t know what the reason is ( a holdout? zoning?), but the developer that bought out the block simply hasn’t gotten around to doing anything with the properties. So now the north side of high park looks a bit like Detroit.

  2. Jeremy

    at 9:56 am

    @K: there was a holdout. There was a woman with some extreme allergies who couldn’t find another place that didn’t make her sick so she stayed in one of those houses (not sure which) for quite some time. They finally managed to boot her some time last year.

  3. Krupo

    at 4:19 pm

    But are the pre-construction prices “not super inflated” here as they are in many other developments?

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