What’s up with View Towers? Evening photo reveals extent of empty suites

The night-time photo above was taken on April 28th, at 8:55pm.

It has a long history of manslaughter, murder, and of course fire.  And along the way it’s racked up its share of tenant disputes, the most recent ones after a fire in 2014 left many tenants out on the streets.

view-towers-fire-victoria

But what’s happening now at the notorious building may be the most bizarre.  As much as 2/3 of the building’s suites are sitting empty.  That’s as many as 250 suites with no paying tenants.  And that’s in a city with a rental housing crunch that has the vacancy rate hovering around 0.5%.

It’s unclear what the reclusive owners’ plans are (building management declined comment for this story), but conservative estimates put the income figure they are missing out on each month at as much as $200,000.  That’s $200,000 each and every month.

 

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