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Toronto can no longer claim to have the most high-rises going up in the world
That honour now goes to New York City.

New York City has taken overtaken Toronto as the city with the most new high-rises going up in the world. 

That’s according to new data from the city’s monthly economic dashboard report (PDF link), which says that 133 high-rises were under active construction during the month of September. That’s a drop from last September when 155 were being built at the same time.

New York, in contrast, currently has 154 high-rises going up.

However, according to a recent Bank of Montreal report,  Toronto may soon reclaim that title.

Of course, whether the city has the most high-rises going up or not, there’s still the very real fear that Toronto’s condo boom may turn large swaths of the city in to vertical slums[Via Toronto Life]

Image via Flickr user Taku.
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Igor Bonifacic is the managing editor of Toronto Standard. Follow him on Twitter.

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