The Toronto Star – Adelaide Hotel
March 24, 2011 – At the age of 42, Alex Shnaider has built the tallest residential tower in Canada. It is a noteworthy accomplishment. But perhaps it’s even more so for a rookie developer who acquired the land in 2002, when he was just 34, and already the country’s youngest self-made billionaire.
The 950-square-ft. one-bedroom suite the partners are sitting in will rent for close to $1,000 a night. The largest suite, a 4,000 sq. ft., will have 11-foot ceilings and will be furnished with pieces by the Italian couture house Fendi.