ImmenselyMental
Senior Member
A few telephoto shots from this morning:
I'd be surprised if anyone but Apple ends up in this space. It's built to Apple specs, it's in an area of town in which they want a presence, and it's just an overall attractive property in general. On the flip side is that it's a premiere brand that makes the property look good, fits into well—even after all the legal troubles. Even if the neighbourhood continues to bleed "luxury" out to Yorkdale, they still fit in. Apple are a consistent money maker, guaranteed to be able to pay their rent for the next hundred years if need be and will be an overall draw to the building and other tenants.Does anyone know what’s with that Apple Store here? Is it cancelled after all or still might be there?
What floor is the picture taken from out of curiosity? Great pics by the way!Here are some photos from today. It looks like they are placing the floor forms for level 70 (I think):
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I think this is spot on. Probably even with significant concessions compared to the original deal, Apple wants this place more than anybody else does and is willing to pay for it.After the Mizrahi mess, I also wouldn't be surprised if:
1) Apple's requested their name not touch another single piece of real estate promo (under threat of lawsuit); even after the building is complete.
2) Apple's gotten the property at a lower (perhaps significantly) lease than previously negotiated.
3) Apple's drawn further undisclosed concessions out of property management.
At the very least, with Apple it's not likely to sit empty for months on end waiting for someone with deep pockets to snap up the location. I mean it took how many years for 1 Bloor East next door to finally lease all their retail?I think this is spot on. Probably even with significant concessions compared to the original deal, Apple wants this place more than anybody else does and is willing to pay for it.
74th floorWhat floor is the picture taken from out of curiosity? Great pics by the way!
Does anyone know what’s with that Apple Store here? Is it cancelled after all or still might be there?