4 historic buildings may be subject to demolition in Toronto. The ORC is already defending itself in the sale of Keg Mansion in downtown Toronto and another historical landmark. Besides the two former Massey Mansions at 515 and 519 Jarvis St., two buildings on Wellesley Place are also up for sale. Public land sales of ORC and TRCA are handled by public servants but not professional real estate people . The disposition of Millions of Dollars of public lands are mishandled by people who are generally lacking in real estate knowledge, training and real life market conditions.
Date used in appraisals are historical in nature.
ORC and TRCA both have management problems relating to the disposition of public lands including A LACK of professionalism, correct representations, transparency and open manner. Three former employees of ORC are alleged to have committed fraud, a breach of fiduciary duty and negligence. The acts of TRCA employees are shows in The Art of the Flip Flop . Bloomington Rd., Rodd Ave. ORC and TRCA have both conducted transactions which were not put up for proper public tender.