Well, this is good news indeed!  News is Streetcar Developments has bought the beautiful building at the corner of Queen & Broadview, otherwise known as the eyesore for businesses... Jilly's.  Apparently they will be addressing some major structural concerns, and maintaining the building's glory at the same time.  This will really improve that corner, and the whole strip (no pun intended) of Riverside.

http://torontoist.com/2014/05/say-goodbye-to-jillys/