FAIRBNB HALTS CLASS ACTION AGAINST ICE CONDOS AND DUKA PROPERTY MANAGEMENT INC


FAIRBNB HALTS CLASS ACTION AGAINST ICE CONDOS AND DUKA PROPERTY MANAGEMENT INC

We are very pleased with ICE condos decision to ban all STRs during the COVID-19 pandemic, says coalition

TORONTO, ON – March 27, 2020 – Today, Fairbnb Canada has closed its case against Toronto’s ICE condos and its property management company DUKA Properties Inc.

“Fairbnb launched the class action three days ago in an effort to ensure that the large downtown condominium and its property management company respect the City of Toronto’s short-term rental (“STR”) rules given the inherent risks associated with accommodating the travelling public in residential condominiums during the COVID-19 outbreak,” said Thorben Wieditz of Fairbnb.

ICE condos and DUKA Properties Inc. have now taken a leadership role in responsible management regarding STRs in Toronto. ICE condos management released a notice to owners the same day, stating that “short-term rentals within the Corporation during the ongoing COVID-19 epidemic presents and undue risk of danger to TSCC2510’s residents and to the short-term tenants themselves.” As a consequence, the Board of Directors prohibited all STRs in the building until the current state of emergency is resolved.

 “Our client has been in touch with representatives from TSCC2510 and DUKA following their decision to ban STRs during the pandemic,” said Eric Gillespie, Fairbnb’s legal counsel. “Our client is very pleased by the steps taken and even more so, by DUKA agreeing to advise their other condominium clients about the option to prohibit STRs during the COVID-19 crisis.”

Additional condominium corporations and property managers, such Maple Leaf Square, are following suit and have issued similar notices to owners. It is hoped others will take the same approach thereby avoiding the need for any further legal steps.

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For more information, please contact:

Thorben Wieditz at 647-409-8997 or fairbnb@fairbnb.ca

Eric Gillespie at 416-436-7473 or egillespie@gillespielaw.ca



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