UPDATE: WL Cover House Saved!
Sometimes things work out in the most unexpected ways.
A week ago we reported on the near-certain demise of one of our most beloved cover houses from the past few years (April 2014). It was an all-too familiar story as reported by The Globe and Mail‘s Kerry Gold: an architecturally important building, unprotected by Vancouver’s lax heritage property laws, was selling to the highest bidder who most certainly was going to tear it down to create some God-awful McMansion.
Except that’s not what happened. As Gold reported in a very welcome follow-up story, this time something amazing unfolded in the form of Ottawa-based tech entrepreneur Cody Fauser and his wife Maria Urbina-Fauser, who stepped in to save the house from the wrecking ball (the couple evidently found out about the house only through the Gold’s story). The couple—who are rumoured to have paid $1,200,000 above the asking price—will evidently stay in Ottawa for the next short while before making the move out West. Also deserving a nod are the sellers, who allegedly accepted the Fauser’s offer—even though there were others that were higher—in order to ensure the building’s protection.
Read the full story here.