Ryerson considers acquiring crumbling hotel

July 22, 2010

Ryerson University might be willing to purchase the deteriorating Empress Hotel from its current owners, who are now battling with the City of Toronto over whether they can demolish the 122-year-old landmark. Ryerson's director of public affairs says "we are always interested in exploring opportunities to buy land in our precinct," and "if the price were right, we might well be interested in it." Such a purchase would need the approval of the university's board of directors, and the current owners would have to be interested in selling. Toronto Sun