The Shannondale (née Electrohome, 152 Shanley St) | 8 fl | U/C

[danbrotherston]

They sold it back to the same owner at something like 30 cents on the dollar....maybe less   I cant remember.  Just a terrible situation...

Yes, they tried to sell it for more, and were unable too.  Then they relisted it for a price they felt it could be purchased for, which is open to the public, and a member of the public, who happens to be the owner bought it.

I'm not happy about the situation, but the fact is the property has no value, the city managed to extract some value from it, that's a win in my books.