Custom menswear retailer Surmesur has carved out a niche for itself at 200 North LaSalle, in the heart of the Chicago Loop. It’s the second U.S. location for this growing Canadian company – they also have a new storefront in Pittsburgh – but will certainly not be their last. Surmesur plans to continue scoping out properties in other major U.S. cities in the future.
While Toronto’s housing boom rolls on, some of the housing itself is falling apart. Canada’s biggest city has more than 100,000 units under construction as developers and investors seek to cash in on condo prices that are up 25.7 percent in the city over the past five years. The trouble is, many buildings are so poorly constructed that some residents fear that the money-spinners of today could become the slums of the future. Glass panels have been falling off newly built Toronto condos, including the luxury Shangri-La and Trump towers and a dozen or more lesser-known buildings across the city. New buildings suffer from water leaks and poor insulation, making them ill-suited to Canadian weather.