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There Goes the Neighbourhood
from Toronto Life, November 2002
As a youngster in Winnipeg, Gerald Schwartz lived in a modest house with
his socialist grandmother, but the renovations on his current Rosedale
digs are anything but proletarian. The project, which has involved the
purchase of no fewer than four million-dollar-plus properties, is said to
be costing the Onex honcho and his wife, indigo Books maven Heather
Reisman, about $25 million. The couple, who also own homes in Bel Air and
Palm Beach, have hired expert builder Joe Brennan and famed French
decorator Christian Liagre to create what will ultimately be their
16,903-square-foot abode. As a service to neighbourhood gossips too
discreet to climb up the hoardings and peek over, here's the dirt.
Literally.
THE MAIN HOUSE
Schwartz and Reisman bought and moved into 37 Cluny Drive
in 1982, the year they were married. Five years later, they purchased 35
Cluny Drive for $1.3 million and tore it down to make way for a huge
hexagonal breakfast nook on the first floor and a massive sitting room
upstairs off the master bedroom. The couple lived there until this round
of renovations. They're now said to be living in a two-storey condo (part
of the Prince Arthur on Avenue Road) on Lowther for $30,000 a month. When
renovations are complete and they move back to this wing (with its
palatial five bedrooms and seven bathrooms), they'll have no trouble
sleeping: a security room in the basement will provide peace of mind.
THE GUEST HOUSE In 1996, Schwartz and Reisman purchased 21 Cluny Avenue
for $1.4 million and demolished it. In its place is a suite of rooms for
overnight visitors that will be connected to the main house via a
nine-foot-wide underground tunnel (you can see the beginnings of it
covered in blue tarp).
THE GREENHOUSE Reisman, who used to run a gardening company, will likely
spend many Martha-esque hours in this temperature-controlled jungle, built
on the lot of 21 Cluny Avenue. It will be connected to the guest house
next door by a bright, high-ceilinged exercise room.
THE GREAT ROOM This 40-by-31-foot ballroom-style space with fireplace
will no doubt be party central for Liberal fundraisers, evenings with
international artists (they once hosted a reception for architect Frank
Gehry) and movie stars (Barbra Streisand is a pal). Here, they may decide
to hang their Warhol, or maybe the Renoir.
THE RECREATION CENTRE In 1999, Schwartz and Reisman bought 55 Crescent
Road for $2.1 million. In 2000, they bought 61 Crescent, next door, for
$3.8 million. (It was demolished, despite the $700,000 its previous owner
had invested in renovations.) Here, they're building a 30-seat movie
theatre with an $800,000 sound system. (Onex invests in Phoenix Pictures,
and the couple has many Hollywood friends, including Michael Douglas and
Catherine Zeta-Jones, with whom Schwartz has been on safari.) Downstairs,
they'll keep their fine wine collection in a 26-by-27-foot cellar and
casually entertain in their 26-by-29-foot bar and billiards room.
THE ROTUNDA A passage will link a two-storey steel spiral staircase in
the main house to the great room and recreation centre. Underground, there
will be a garage, with 10 parking spaces to accommodate visitors and
Schwartz's many vehicles, including a 1956 peacock blue Thunderbird
convertible, and his red Porsche 911, given to him by Reisman as a
50th-birthday present.
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