NOBU Hospitality, the luxury restaurant and hotel chain founded by actor Robert De Niro, famous Japanese chef Nobu Matsuhisa and Hollywood producer Meir Teper, will soon be coming to TORONTO. Two 49-storey bronze towers will be built above the current Pilkington Glass Factory on Mercer Street, and will include a hotel, NOBU, retail space and an outdoor Zen garden. The glass factory’s facade will be part of the development.
BMO Economics says TORONTO’s housing bubble will pop in 24 months. “At the rate we’re now going with 20% year-on-year price increases, assuming stable mortgage rates and continued income growth, we’ll be at 1989 valuation levels in about 24 months,” senior economist Robert Kavcic wrote last week.
TORONTO’s average house price jumped 27.7% in February/2017 from a year earlier, to $859,186. Single-family homes soared to $1.57 million on average, a jump of nearly 30% in a year.
Sidewalk superintendents gathered to watch DON, one of two tunnel-boring machines (TBMs), hoisted above ground and taken apart. It had been digging underground for nearly four years, helping to build the Crosstown LRT’s north tunnel.
The 400-tonne monster was disassembled along Eglinton Avenue. A second TBM, named HUMBER (after the river), surfaced a few days later. The TBM’s bored 16-20 metres below ground, around the clock, with a crew of six operators each.
Young people from both the United States and other parts of the world are looking to Canada for their post-secondary education. In TORONTO, both Ryerson University and the University of Toronto are reporting an 80% increase in applications from south of the border. In 2017 so far, the University of Toronto has 1,791 American applicants – up 790 over last year.
There’s been a 35% increase in student applications from England; 62% from Mexico; and 53% from the United Arab Emirates.
German Chancellor ANGELA MERKEL spent some time at the White House and left many of us wondering just what she was thinking as the day progressed. Ms. Merkel has a very expressive face, and news photographers captured a variety of candid nuances from pleasure to bewilderment.
Headline of the year from the Catskills. In Newburgh, New York, folks were digging out from under 18-24 INCHES of snow.
Prime Minister JUSTIN TRUDEAU, his wife Sophie, former PM Jean Chretien and his wife Aline, along with Ivanka Trump and 120 ambassadors from around the world, attended “Come From Away” on Broadway.
In remarks before the show, Trudeau got on stage and said he was pleased that, “the world gets to see what it is to lean on each other and be there for each other through the darkest times.” The Canadian/American musical at the Gerald Schoenfeld Theatre opened to rave reviews.
Charles Edward Anderson CHUCK BERRY, one of the founding fathers of rock ‘n roll, has died at the age of 90. He grew up in Missouri during the time of racial segregation; rose to become a worldwide star; was jailed for robbery at the age of 17; lived an outrageous life; became famous for his ‘duck walk’ as well as Johnny B. Goode, Roll Over Beethoven and Sweet Little Sixteen.
“He lit up our teenage years, and blew life into our dreams of being musicians and performers,” – Mick Jagger.
<Top 10 Canadian cities viewed by Chinese buyers – Juwai.com>
Canada remains the third most popular real estate market for Chinese buyers according to Juwai.com and Sotheby’s International Real Estate.
It seems the main reason Chinese buyers want to get into the Canadian housing market is education.
They love our schools. By the end of 2015, Canada had 119,335 Chinese students enrolled in institutions across the country – up from 39,850 in 2004. British Columbia saw the biggest growth in Chinese students with a 253% increase, compared to 214% in Ontario and 209% in Nova Scotia.