[200William-EC SP67851] A comment re our levies

[Craig Laforest]

Hello committee,

 

I went along last night to Richardson and Wrench's auction of 402/200
William Street.

 

It was passed in and the comment was made to me by one of the agents that
the reason it didn't sell is the high levies, which we know we have. It will
be a great exercise when we can go through our budgets in the future to see
how we can make our levies more competitive compared to other buildings
which also don't have a pool, Concierge etc.  

 

We've talked about obtaining competitive quotes for any regular expenses and
perhaps we have to do more of this in the future. Other than capital
expenses to maintain the building, we have to somehow get our expenses down.

 

Cheers,

Craig

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