The lawyer who is taking on Toronto’s condo developers

From his cramped corner offices at Bloor St. and Avenue Rd., lawyer Ted Charney has a real-time view of Toronto’s exploding condo market.

He can see the cranes dotting the downtown, he can watch the concrete skeletons climb into the sky — and he can feel condo owners’ pain.

Charney, 54, knows first hand what it’s like to buy a condo from a set of blueprints and then, when you finally open the front door for the first time years later, find you didn’t get what you paid for.

In his case, what was supposed to be 11 feet of floor-to-ceiling glass, overlooking the balcony and an expansive view south from King St. W., was cut in half by a concrete fire wall.

Charney had no warning the glass would be gone, and with it much of the light into the two-bedroom unit. He decided to sell the unit.

“If I ever buy a condo again, I won’t buy preconstruction.”

This week Charney launched his sixth class-action suit against a major Toronto condo developer. In this latest case he’s seeking $29 million over what amounts to plumbing problems — water valves that allow for extreme temperature fluctuations in Great Gulf’s X Condominiums project on Charles St.

Earlier this year he launched a $30 million suit against North York developer Elad Canada Inc., alleging that it failed to deliver the “easy underground access” to the Don Mills subway station and nearby Fairview Mall, promised in its glossy marketing materials.

Four of his condo class-action suits have already been certified by the court — essentially given the green light to go ahead — seeking compensation for owners in downtown highrise projects inconvenienced by falling glass and faulty balconies.

to continue reading please visit http://www.thestar.com/business/real_estate/2014/09/26/the_lawyer_who_is_taking_on_torontos_condo_developers.html

Author: bramptonrealestateboard

At the Brampton Real Estate Board (BREB) we believe in the ownership of Real Estate. Our objective is to contribute to the capability and growth of our members in their endeavors by marketing all forms of real property throughout the greater Brampton, Halton Hills and Caledon marketplaces and beyond. The Brampton Real Estate Board is dedicated to providing an environment in which it’s Member REALTORS®, employees, Board of Directors, and Committee volunteers are encouraged to grow, succeed and develop in order to provide the highest level of professional conduct and service.

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