SUMMARY UPDATE: SURROUNDING HI-RISE CONDOS ALL BEING APPROVED

IN 2005 THE 50 WELLESLY ST. CONDO WAS APPROVED FOR 28-STORIES  BY THE TORONT CITY COUNCIL AND EVENTUALLY OMB APPROVED IN 2008.  THIS PAST AUGUST,  THE 40 WELLESLEY ST CONDO PROPOSAL RECEIVED INTERIM OMB APPROVED FOR 35 STORIES WITH FINAL APPROVAL DUE A YEAR FROM NOW.  LAST WEEK ON SEPTEMBER 10th, THE 17 DUNDONALD  CONDO DEMOLITION SUBMISSION WAS FORWARDED AND HAS NOW BEEN APPROVED BY THE TORONTO  EAST YORK COUNCIL.  YOUR BOARD IS NOW RE-FOCUSING ON PROTECTING TERRACE COURT PROPERTY VALUES, QUALITY OF LIFE OF TERRACE COURT RESIDENTS, AND COST CONTROL [REVISED BLOG].