Skip to main content

Aggregator

Olivia Chow elected as Toronto mayor for second term in victory for progressives

1 day 2 hours ago

Tightly fought election saw record turnout as incumbent mayor ran against her rival Brad Bradford

The mayor of Toronto, Olivia Chow, promised more rental housing, free school lunches and reduce fares for frequent transit riders after she was elected to a decisive second term as mayor in a wave of support for progressive councillors.

The tightly fought election saw record turnout but Chow ultimately turned in a dominant 13-percentage-point win over her rival, Brad Bradford, receiving 54% of the vote compared with his 41%. Many had been expecting a far closer race, given weeks of polling that suggested a dead heat between the pair who presented differing visions for Canada’s largest city.

Continue reading...

San Francisco estate sells for $10m above listing price as AI boom drives up costs

1 day 2 hours ago

Eight-bedroom mansion listed at $18.5m sold for $28.5m and has a private garden and three-car garage

A San Francisco estate sold for $10m above its listing price this month in a new record for the city as the artificial intelligence boom continues to drive up real estate prices.

Located in the city’s tony Presidio Wall neighborhood, the eight-bedroom mansion was listed at $18.5m on 2 October and ultimately sold for $28.5m on 22 October, according to the property’s listing.

Continue reading...