Video podcast interview of Randy Gladman by Adam Powadiuk and Aaron Cameron of The Commercial Real Estate Podcast. During this episode, Adam and Aaron spoke to Randy about his career in real estate development and the challenges of getting projects done in Toronto and Vancouver.
Only in Toronto, it seems, does it make sense to rip down fully-occupied high-rise buildings to make way for more high-rise towers when most of the city remains covered in low rise housing. Why is this happening? Even though we are in a severe housing crisis, with homeownership only affordable to the most affluent families and average rents for one- and two-bedroom apartments skyrocketing more than 20% in 2022 alone, developers are only able to build much needed multifamily housing in relatively narrow slices of the City.