Olympia and York

Olympia & York (also spelled as Olympia and York, abbreviated as O&Y) was once a major international property development firm based in Canada. The firm built major financial office complexes like Canary Wharf in London, the World Financial Center in New York City and First Canadian Place in Toronto. It went bankrupt in the early 1990s and was recreated to eventually become Olympia & York Properties. The company was founded by Paul Reichmann and his brothers Albert and Ralph in Toronto in the early 1950s as an outgrowth of their flooring and tile company. It first built and operated warehouses and other commercial buildings in Toronto. The company earned a reputation for building structures faster and more cheaply than any other...