Archinect - News 2016-05-28T01:59:12-04:00 To live in London you can't be a Londoner Julia Ingalls 2016-05-27T01:00:00-04:00 >2016-05-27T10:16:25-04:00 <img src="" width="514" height="425" border="0" title="" alt="" /><em><p>Almost two-thirds of homes in the Tower, a 50-storey apartment complex in London, are in foreign ownership, with a quarter held through secretive offshore companies based in tax havens, a Guardian investigation has revealed. The first residents of the landmark development arrived in October 2013, but many of the homes are barely occupied, with some residents saying they only use them for a fraction of the year.</p></em><br /><br /><p>The kind of wealth&nbsp;that turns a home into a status symbol&mdash;and an underused status symbol at that, with occupancy rates of only a few weeks a year&mdash;is not easing London's <a href="" rel="nofollow" target="_blank">housing crisis</a>. As the city's housing rates push actual citizens to decamp to cheaper suburbs or simply leave the area altogether, London can look forward to being transformed into an empty stage set of a once thriving metropolis.</p><p><img title="" alt="" src=""></p><p>For a fuller perspective on London's housing problems:</p><ul><li><a href="" rel="nofollow" target="_blank">London's housing crisis is creating a chasm between the rich and poor</a></li><li><a href="" rel="nofollow" target="_blank">London's Bleak Housing</a></li><li><a href="" rel="nofollow" target="_blank">London's skyline needs more tower blocks, not more luxury flats</a></li><li><a href="" rel="nofollow" target="_blank">100 renderings of ideas to solve London's housing crisis released</a></li></ul> London fails to achieve any targets for affordable housing Nicholas Korody 2016-05-25T17:32:00-04:00 >2016-05-25T17:59:59-04:00 <img src="" width="514" height="349" border="0" title="" alt="" /><em><p>Private property developers are outmanoeuvring councils in housing negotiations and routinely delivering fewer affordable homes than town halls want, an industry analysis has revealed. Amid growing anger at the sale to foreign buyers of almost two-thirds of London&rsquo;s tallest residential skyscraper, which includes no affordable housing, it has emerged that not one London borough which set targets met them in the last six years.</p></em><br /><br /><p>For more on the increasingly dire state of housing in London, take a look at some past coverage:</p><ul><li><a href="" target="_blank">London's Bleak Housing</a></li><li><a href="" target="_blank">&pound;950 for a mouldy 'central' flat? Welcome to London.</a></li><li><a href="" target="_blank">The root of London's housing crisis lies beyond its borders</a></li><li><a href="" target="_blank">London's housing crisis is creating a chasm between the rich and poor</a></li></ul> Inside the Zaha Hadid-designed $50 million High Line penthouse Julia Ingalls 2016-05-25T14:00:00-04:00 >2016-05-26T15:47:35-04:00 <img src="" width="514" height="338" border="0" title="" alt="" /><em><p>The cherry atop 520 West 28th, Penthouse 37 contains five bedrooms and six-and-a-half bathrooms, including a corner master suite with two windowed dressing rooms and his-and-hers baths nestled on its lower level, which also houses three guest en-suite bedrooms, a utility room, and a wet bar.</p></em><br /><br /><p>Running at a little over $7,269 a square foot, Zaha Hadid's one and only <a href="" rel="nofollow" target="_blank">High Line</a>-adjacent luxury penthouse design features a sinuous metal exterior with floor to ceiling glass windows between 10th and 11th avenues in Chelsea.&nbsp;<a href="" rel="nofollow" target="_blank">Ismael Levya Architects</a> worked with Zaha Hadid Architects to create the 39-unit condominium, which offers starter units at $25 million.</p><p><img title="" alt="" src="">&nbsp;</p><p><img title="" alt="" src=""></p><p>The latest on Zaha Hadid Architects:</p><ul><li><a href="" rel="nofollow" target="_blank">To thrive post-Zaha, Koolhaas says ZHA should emulate high fashion brands</a></li><li><a href="" rel="nofollow" target="_blank">ZHA after Zaha: Patrik Schumacher on Zaha and what's next for the firm, on Archinect Sessions #61</a></li><li><a href="" rel="nofollow" target="_blank">Hans Ulrich Obrist and Etel Adnan remember Zaha Hadid</a></li></ul> Chicago Tribune Tower inches closer to hotel & residential redevelopment Alexander Walter 2016-05-20T19:34:00-04:00 >2016-05-20T19:34:56-04:00 <img src="" width="514" height="343" border="0" title="" alt="" /><em><p>A group of developers on the short list to buy Tribune Tower want to convert the Gothic Michigan Avenue landmark into condominiums, apartments and even a hotel [...] The property also comes with something all developers love: land for new buildings. A buyer could build one or two more towers on the parking lot next door and on space created by demolishing some of the existing Tribune building that is not landmarked. [...]</p></em><br /><br /><p>In other recent Chi-Town news on Archinect:</p><ul><li><a href="" rel="nofollow" target="_blank">Embattled Lucas Museum may move to S.F.'s Treasure Island</a></li><li><a href="" rel="nofollow" target="_blank">Aerial cable cars proposed for Chicago</a></li><li><a href="" rel="nofollow" target="_blank">Chicago Spire's gaping hole to be hidden behind piles of dirt</a></li></ul> It's official: $250M mega penthouse in Stern-designed 220 Central Park South tower is now NYC's priciest address Alexander Walter 2016-05-05T17:32:00-04:00 >2016-05-07T21:52:42-04:00 <img src="" width="514" height="386" border="0" title="" alt="" /><em><p>It has been whispered about for months, but now it&rsquo;s official: Vornado Realty Trust&nbsp;is offering up a palatial four-floor apartment at 220 Central Park South that is priced at a record-smashing $250 million. The massive condominium will encompass floors 50 through 53 of the Robert A.M. Stern-designed limestone tower, and it will span some 23,000 square feet [...]. The asking price works out to nearly $11,000 per square foot.</p></em><br /><br /><p>Previously on Archinect:&nbsp;<a href="" target="_blank">This $250M mega penthouse might become New York's priciest home</a></p> Hudson Yards could generate nearly $19B for New York City, study claims Alexander Walter 2016-05-04T17:53:00-04:00 >2016-05-06T20:23:01-04:00 <img src="" width="514" height="279" border="0" title="" alt="" /><em><p>A study commissioned by the developer indicated that total economic output of the companies projected to occupy Hudson Yards will contribute $18.9 billion to the city's gross domestic product. [...] Many projections in the report are also contingent on a host of economic indicators in the city, including demand for Class A office space. Out of the 10.4 million square feet Related will have to lease up, so far it has locked in commitments from tenants for 4 million square feet.</p></em><br /><br /><p>The Hudson Yards project previously in the Archinect news:</p><ul><li><a href="" rel="nofollow" target="_blank">Welcome to the Hudson Yards, c. 2019: the world's most ambitious "smart city" experiment</a></li><li><a href="" rel="nofollow" target="_blank">BIG's concept for a spiraling-landscape tower in NYC's Hudson Yards</a></li><li><a href="" rel="nofollow" target="_blank">A Plan to Build Skyscrapers That Barely Touch the Ground</a></li></ul> Looking to buy a small town? This Nevada desert gem could be yours for $8 Million Alexander Walter 2016-04-27T13:58:00-04:00 >2016-05-05T23:40:32-04:00 <img src="" width="514" height="303" border="0" title="" alt="" /><em><p>An hour south from the bright lights of the Las Vegas strip, a tiny town in Nevada is up for sale. Cal-Nev-Ari, Nev. (pronounced Cal-Nev-Air) is off a lonely stretch of Highway 95, surrounded by distant mountains and endless desert. The town isn't far from the California and Arizona borders [...]. If you can afford the $8 million asking price, you'll get the airstrip, the diner and the town's only casino. That includes a dozen old slot machines and a smokey bar. This place has character.</p></em><br /><br /><p>Related stories in the Archinect news:</p><ul><li><a href="" rel="nofollow" target="_blank">New Nevada solar plant can store heat from the sun for up to 10 hours &ndash; with molten salt</a></li><li><a href="" rel="nofollow" target="_blank">Faraday Future holds groundbreaking ceremony for $1B Nevada factory</a></li><li><a href="" rel="nofollow" target="_blank">A look inside Tesla's growing Gigafactory: "It will blow your mind."</a></li></ul> London's housing crisis is creating a chasm between the rich and poor Nicholas Korody 2016-04-06T19:20:00-04:00 >2016-04-10T00:38:01-04:00 <img src="" width="514" height="343" border="0" title="" alt="" /><em><p>London&rsquo;s red-hot housing market of late is by now an international legend, drip-feeding the media with tragicomic stories of insane pricing on a weekly basis&mdash;from the $710 cupboard to the one-bedroom flat on sale for $37 million. Now a new report out this week details some of the harmful social effects that this boom in housing costs has wrought. Unsurprisingly, they are many.</p></em><br /><br /><p>This research, conducted by the think tank Centre for London, shows that the city's housing crisis is creating a massive gulf between the city's rich and poor. It's also creating an "inequality chasm" between London and the rest of the United Kingdom.</p><p>The report identifies three major trends. First, privately-rented homes outnumber owner-occupied ones, with the former growing increasingly poor. Second, while the top ten percent of British citizen are growing exponentially more wealthy, the rest of the country is getting much poorer. Third, in a reverse of historic models, poverty is becoming "suburbanized."</p><p>Read the linked article for more information on the study and what it says about life in London today.</p><p>For related Archinect coverage, check out these articles:</p><ul><li><a href="" rel="nofollow" target="_blank">In tempestuous London, design leads the evolution: Archinect's report from the front lines of the London Design Festival</a></li><li><a href="" rel="nofollow" target="_blank">A guide to London mayoral candidates and their housing policies</a></li><li><a href="" rel="nofollow" target="_blank">Could a pop-up village in south-east Londo...</a></li></ul> Bank of England proposes new limits for "buy-to-let" landlords Nicholas Korody 2016-03-29T13:00:00-04:00 >2016-04-08T23:40:27-04:00 <img src="" width="514" height="343" border="0" title="" alt="" /><em><p>Buy-to-let landlords should face new limits on the amount they can borrow, the Bank of England has proposed. It suggested that lenders should be much stricter when deciding whether or not to grant landlords a mortgage. Instead of just taking their rental income into account, the Bank wants lenders to look at their wider financial situation as well. If adopted, the new rules could reduce lending to landlords by up to 20% over the next three years.</p></em><br /><br /><p>According to the Prudential Regulation Authority (PRA), the newly-proposed standards should "curtail inappropriate lending, and the potential for excessive credit losses."</p><p>The new strictures would take into account the costs a landlord accrues in order to rent a property, tax liabilities associated with the property, a landlord's "personal tax liabilities, 'essential expenditure' and living costs," and, in cases where it supports the loan, a landlord's extra income.</p><p>For more on the real estate landscape of the UK, check out some past Archinect coverage:</p><ul><li><a href="" rel="nofollow" target="_blank">"Pay to stay" may boot 60,000 UK families from their homes</a></li><li><a href="" rel="nofollow" target="_blank">The (state-facilitated) death of the council house</a></li><li><a href="" rel="nofollow" target="_blank">New restrictions on public space in England and Wales could make "unusual or unpopular" behavior criminal</a></li><li><a href="" rel="nofollow" target="_blank">The Guardian reveals how developers play the planning system to get around affordable housing</a></li><li><a href="" rel="nofollow" target="_blank">Robin Hood Gardens residents dare Lord Rogers to spend a night in the blighted estate</a></li></ul> A guide for New Yorkers exploring the "Suburban Jungle" Amelia Taylor-Hochberg 2016-03-25T12:55:00-04:00 >2016-03-25T15:11:10-04:00 <img src="" width="514" height="249" border="0" title="" alt="" /><em><p>Some New York City real estate agents have teamed up with their counterparts outside the five boroughs for organized seminars and &ldquo;immersive tours&rdquo; of the suburbs. The city agents get a cut of the commission if their clients decide to buy a house in the suburbs. The services, which reside somewhere between shrink session and sales pitch, intend to address the concerns of families unsure about leaving the city and guide them to suburbia, step by step.</p></em><br /><br /><p>Related news from the 'burbs on Archinect:</p><ul><li><a title="The strength of Chinese suburbia" href="" rel="nofollow" target="_blank">The strength of Chinese suburbia</a></li><li><a title='How one urban planner is helping revamp a Miami suburb "without gentrification"' href="" rel="nofollow" target="_blank">How one urban planner is helping revamp a Miami suburb "without gentrification"</a></li><li><a title="In Chicago, forming economically integrated suburbs is more complex than it looks" href="" rel="nofollow" target="_blank">In Chicago, forming economically integrated suburbs is more complex than it looks</a></li><li><a title="Renzo Piano: the future of European architecture lies in the suburbs" href="" rel="nofollow" target="_blank">Renzo Piano: the future of European architecture lies in the suburbs</a></li><li><a title="Paris and its Suburbs Will Join to Become the M&eacute;tropole du Grand Paris" href="" rel="nofollow" target="_blank">Paris and its Suburbs Will Join to Become the M&eacute;tropole du Grand Paris</a></li></ul> Can WeWork re-engineer the spatial dynamics of society? Julia Ingalls 2016-03-17T12:57:00-04:00 >2016-03-22T10:46:01-04:00 <img src="" width="514" height="490" border="0" title="" alt="" /><em><p>WeWork&rsquo;s inspirational mottoes&mdash;"Do what you love," "Thank God it&rsquo;s Monday," among many others&mdash;its evangelical faithful, and gatherings like the summit all have religious echoes..."Start imagining it a bit bigger," Neumann says about WeLive, stoking his idyllic view, "an entire building. And then instead of having just one building doing it, five buildings doing it. Then you&rsquo;ll be able to imagine what a WeNeighborhood or a WeStreet would be."</p></em><br /><br /><p>This in-depth profile of WeWork founder and (pro-capitalist) visionary Adam Neumann is worth the read. Whether you like to freestyle your work and life or prefer the centuries-old model of deeded quiet, WeWork (and now, WeLive) is making a previously unsustainable model profitable. Is Neumann just creating a fashionable new real estate bubble, or is he reengineering the way society operates?</p><p><img title="" alt="" src=""></p><p>To catch you up:</p><ul><li><a href="" rel="nofollow" target="_blank">Working out of the Box: Miguel McKelvey</a></li><li><a href="" rel="nofollow" target="_blank">WeLive, WeWork's co-living venture, opens for beta testing in New York City</a></li><li><a href="" rel="nofollow" target="_blank">ARExA to renovate WeWork's first co-living project on Wall Street</a></li><li><a href="" rel="nofollow" target="_blank">More details emerge about WeWork's residential endeavor WeLive</a></li><li><a href="" rel="nofollow" target="_blank">The design never stops: WeWork acquires Case</a></li></ul> Sidewalks, New York's "most desirable real estate" Amelia Taylor-Hochberg 2016-03-09T13:02:00-05:00 >2016-03-10T12:46:04-05:00 <img src="" width="514" height="343" border="0" title="" alt="" /><em><p>New York collects about $60 million annually for allowing signs, ornamental lampposts, stand-alone clocks, benches, bollards, planters, permanent trash receptacles, delivery ramps and just about anything else imaginable on, over or under the city&rsquo;s 12,000 miles of sidewalks. [...] Overall revenue from sidewalk-permit fees has risen by about 50 percent in the past decade, the bulk of it from utility companies for pipes and transformers below ground.</p></em><br /><br /><p>Related on Archinect:</p><ul><li><a title="Not all sidewalks are created equal in D.C." href="" rel="nofollow" target="_blank">Not all sidewalks are created equal in D.C.</a></li><li><a title="Rise in cycling expands NYC's real estate market" href="" rel="nofollow" target="_blank">Rise in cycling expands NYC's real estate market</a></li><li><a title="Protected bike lanes strengthen city economy, report finds" href="" rel="nofollow" target="_blank">Protected bike lanes strengthen city economy, report finds</a></li><li><a title="Why Los Angeles is struggling to fix thousands of miles of sidewalks" href="" rel="nofollow" target="_blank">Why Los Angeles is struggling to fix thousands of miles of sidewalks</a></li><li><a title="People-streets link small L.A. neighborhood and $325MM Shenzhen transformation" href="" rel="nofollow" target="_blank">People-streets link small L.A. neighborhood and $325MM Shenzhen transformation</a></li><li><a href="" rel="nofollow" target="_blank">Screen/Print #15: Sophie Yanow's "War of Streets and Houses"</a></li></ul> Single women emerge as second-strongest group of homebuyers Alexander Walter 2016-02-24T13:48:00-05:00 >2016-02-29T01:08:20-05:00 <img src="" width="514" height="388" border="0" title="" alt="" /><em><p>It's hard to remember that just a few decades ago it was difficult, if not impossible, for a woman alone to take out a mortgage. Federal legislation changed that. And yet, it's still surprising to learn how dominant single women have become in the housing market today: Their share is second only to married couples, and twice that of single men.</p></em><br /><br /><p>Related stories in the Archinect news:</p><ul><li><a href="" rel="nofollow" target="_blank">Millennials, not forming enough households</a></li><li><a href="" rel="nofollow" target="_blank">A look at the growing influence of immigrants on the American housing market</a></li><li><a href="" rel="nofollow" target="_blank">Looking to buy a home in SF? Good luck</a></li></ul> Selling Cuba (Gehry's already there) Alexander Walter 2016-02-01T14:16:00-05:00 >2016-02-02T20:21:14-05:00 <img src="" width="514" height="770" border="0" title="" alt="" /><em><p>&ldquo;I give it two years, max [...] It will be US business interests that finally push congress into lifting the embargo &ndash; they&rsquo;re all going crazy being shut out of this market.&rdquo; American architects and developers are already queuing up to be first in line, ready to pounce on investment opportunities when the embargo drops. Frank Gehry sailed into Havana in December, aboard a streamlined yacht he designed for himself, here to &ldquo;offer his expertise to Cuba&rdquo; according to a government statement.</p></em><br /><br /><p><em>&ldquo;You know that Cuba is at the centre of attention of many people,&rdquo; Gehry told the gathered crowd. &ldquo;And in the immediate future it will attract many investors &ndash; particularly the tourism sector. But I am sure that you know to be careful with those projects.&rdquo;</em></p><p>Related stories in the Archinect news:</p><ul><li><a href="" rel="nofollow" target="_blank">Airbnb now open for business in Cuba, despite anemic internet access</a></li><li><a href="" rel="nofollow" target="_blank">Take a virtual tour of Havana's modern architecture</a></li><li><a href="" rel="nofollow" target="_blank">Cuba in talks for cultural exchange with US museum</a></li></ul> Selling architectural history in a New York market Amelia Taylor-Hochberg 2016-01-25T13:22:00-05:00 >2016-02-10T00:34:59-05:00 <img src="" width="514" height="316" border="0" title="" alt="" /><em><p>As an architectural historian, Ms. Clark, 30, has studied buildings throughout New York City in pursuit of her doctorate. [...] Working for JDS, Ms. Clark felt she could have more than a theoretical effect on architectural history. &ldquo;I think real estate in many ways is the story of New York, how the city grows and changes,&rdquo; she said. [...] As soon as JDS considers acquiring a property, Ms. Clark heads to the archives ... to start developing a case for or against the project.</p></em><br /><br /><p>More from the world of architectural history and New York real estate:</p><ul><li><a title="Rupert Murdoch suddenly pulls out of 2 World Trade Center deal" href="" rel="nofollow" target="_blank">Rupert Murdoch suddenly pulls out of 2 World Trade Center deal</a></li><li><a title="The challenges and opportunities of updating Midtown NY&rsquo;s aging office towers" href="" rel="nofollow" target="_blank">The challenges and opportunities of updating Midtown NY&rsquo;s aging office towers</a></li><li><a title="Architectural historian discovers Chartres Cathedral has started faking it" href="" rel="nofollow" target="_blank">Architectural historian discovers Chartres Cathedral has started faking it</a></li><li><a title="The Digital Future of Architectural History" href="" rel="nofollow" target="_blank">The Digital Future of Architectural History</a></li></ul> Rupert Murdoch suddenly pulls out of 2 World Trade Center deal Alexander Walter 2016-01-18T17:48:00-05:00 >2016-01-20T11:24:49-05:00 <img src="" width="514" height="350" border="0" title="" alt="" /><em><p>Rupert Murdoch has dropped his plans to relocate 21st Century Fox and News Corp. to 2 World Trade Center. In a statement issued Friday afternoon, World Trade Center developer Larry Silverstein declared himself &ldquo;disappointed&rdquo; by the news. [...] In June, the two media companies signed a letter of intent with Silverstein to occupy 1.5 million square feet for 30 years at a 2 World Trade Center designed by architect Bjarke Ingels.</p></em><br /><br /><p>2 WTC previously in the Archinect news:</p><ul><li><a href="" rel="nofollow" target="_blank">2 World Trade Center receives $9M rent assistance from Port Authority to expedite project</a></li><li><a href="" rel="nofollow" target="_blank">Bjarke Ingels and the challenges of designing Two World Trade Center</a></li><li><a href="" rel="nofollow" target="_blank">2 World Trade Center Could Be the Most Expensive Office Tower in the World</a></li></ul> U.S. to start tracking secret buyers of luxury real estate davvid 2016-01-18T11:32:00-05:00 >2016-01-19T01:23:07-05:00 <img src="" width="514" height="367" border="0" title="" alt="" /><em><p>"Concerned about illicit money flowing into luxury real estate, the Treasury Department said Wednesday that it would begin identifying and tracking secret buyers of high-end properties." "The initiative is part of a broader federal effort to increase the focus on money laundering in real estate."</p></em><br /><br /><!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" ""> <html><head><meta></head></html> Updated renderings revealed for Bjarke Ingels' High Line twin(ish) towers Alexander Walter 2016-01-14T14:10:00-05:00 >2016-01-19T20:02:24-05:00 <img src="" width="514" height="376" border="0" title="" alt="" /><em><p>The project&rsquo;s makeup is evidently still undergoing changes, as the developers have waffled between either hotel or office options in the base of the buildings... Given the sky-high prices developers can obtain for office space in Meatpacking and surrounding blocks, office may indeed make more sense than hotel... In any case, the buildings will become the most prominent in the neighborhood by a significant margin. The two towers will stand 28 and 38 floors apiece...</p></em><br /><br /><p>Previously:&nbsp;<a href="" rel="nofollow" target="_blank">REVEALED: Bjarke Ingels&rsquo; Brand New High Line Towers</a></p> Playboy Mansion to hit the market soon (yes, it comes with Hugh Hefner) Alexander Walter 2016-01-11T12:48:00-05:00 >2016-01-11T18:46:06-05:00 <img src="" width="514" height="289" border="0" title="" alt="" /><em><p>According to celebrity gossip juggernaut TMZ, the Playboy Mansion in Los Angeles is soon to go up for sale and the owner &mdash; Playboy Enterprises and not Hugh Hefner &mdash; hopes for a brazenly quixotic and international publicity assuring sale price &ldquo;somewhere north of $200 million.&rdquo; [...] should someone sign on the dotted line they will be required to accept a lifetime tenancy by Mister Hefner, now 89 years old and married since 2012 to 29-year-old former Playmate of the Month Crystal Harris.</p></em><br /><br /><p>Better call the carpet cleaner first.</p><p>Related stories in the Archinect news:</p><ul><li><a href="" rel="nofollow" target="_blank">Un-haunting a house: the art of selling a building with a grisly past</a></li><li><a href="" rel="nofollow" target="_blank">Los Angeles to declare homelessness in the city an 'emergency' and pledge $100 million</a></li><li><a href="" rel="nofollow" target="_blank">Low-income housing in Los Angeles: A look at the past, present and future</a></li></ul> The challenges and opportunities of updating Midtown NY’s aging office towers Alexander Walter 2015-12-22T18:20:00-05:00 >2015-12-28T22:34:04-05:00 <img src="" width="514" height="338" border="0" title="" alt="" /><em><p>Amid contentious debate on rezonings across the city, the late 2013 hubbub around an upzoning proposal for East Midtown has, for the moment, abated &mdash; but hasn&rsquo;t disappeared. In a bid to spur significant new development for the first time in decades, the de Blasio administration is currently retooling the Bloomberg-era plan to allow developers to construct much larger buildings [...] Whether this rezoning eventually occurs or not, the buildings in Manhattan&rsquo;s core aren&rsquo;t getting any younger.</p></em><br /><br /><p>Related news on Archinect:</p><ul><li><a href="" rel="nofollow" target="_blank">Scroll through the "new New York Skyline" with this interactive infographic</a></li><li><a href="" rel="nofollow" target="_blank">New Renderings &amp; Video of One Vanderbilt, Midtown NY&rsquo;s Future Tallest Office Tower</a></li><li><a href="" rel="nofollow" target="_blank">Historic 190 Bowery to be Restored</a></li></ul> Following warehouse explosion, three new high-rises in Tianjin planned for demolition amid anti-corruption campaign Justine Testado 2015-12-16T18:26:00-05:00 >2015-12-16T18:47:07-05:00 <img src="" width="514" height="386" border="0" title="" alt="" /><em><p>China is reportedly planning to demolish three new high-rise [residential] buildings [in Tianjin, which] are up to 30 floors taller than originally planned...It&rsquo;s the latest blow to the [city], which saw a devastating explosion at a warehouse in its port in August...state media pointed out that...the scale of illegal construction meant the building was unsafe, [deeming] the 'completely corrupt project' [as] unusable, and to be demolished was 'its destiny.'</p></em><br /><br /><p>More on Archinect:</p><p><a href="" rel="nofollow" target="_blank">China&rsquo;s replica of Wall Street is full of half-built, deserted skyscrapers and floods regularly</a></p><p><a href="" rel="nofollow" target="_blank">Brazilian engineering companies building Olympic venues "very probably" broke laws, accepted bribes</a></p><p><a href="" rel="nofollow" target="_blank">Labor violations affirmed in latest report of NYU Abu Dhabi construction</a></p> Un-haunting a house: the art of selling a building with a grisly past Nicholas Korody 2015-11-03T13:48:00-05:00 >2015-11-05T21:23:02-05:00 <img src="" width="514" height="246" border="0" title="" alt="" /><em><p>A chain-link fence surrounds the stately brick mansion at 3201 Woodland Dr. NW in Woodley Park. Most of the windows are covered with plywood. Cars sometimes drive past slowly, with passengers leaning out... In May, Savvas and Amy Savopoulos; their 10-year-old son, Philip; and their housekeeper, Veralicia Figueroa, were brutally killed inside. Now, less than six months after the shocking quadruple homicide that horrified Washington, the house is for sale. Asking price? $3.25&nbsp;million.</p></em><br /><br /><!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" ""> <html><head><meta></head></html> Callison and RTKL merge in hopes to "bring swagger back" to Seattle office, CEO says Justine Testado 2015-10-20T20:06:00-04:00 >2015-10-24T18:31:57-04:00 <img src="" width="514" height="190" border="0" title="" alt="" /><em><p>On Tuesday, Callison and architecture/engineering firm RTKL announced they have officially joined forces as CallisonRTKL...[CEO Lance] Josal said the merger is good news for both firms and 'especially for the Seattle office.' In talking to the firm's senior leaders, Josal said there has been 'a little bit of frustration on their part' because they felt the firm 'may have lost a bit of swagger locally' and wanted an owner that would invest in the firm...</p></em><br /><br /><p>Previously on Archinect:</p><p><a href="" rel="nofollow" target="_blank">ARCADIS to buy Callison</a></p> Apple's next, HOK-designed Silicon Valley spaceship revealed Alexander Walter 2015-10-02T14:27:00-04:00 >2015-10-08T22:57:31-04:00 <img src="" width="514" height="282" border="0" title="" alt="" /><em><p>Apple Inc. has landed its second spaceship &mdash; this time, in Sunnyvale &mdash; in a massive deal that exemplifies a new era in Silicon Valley real estate and crystalizes Apple&rsquo;s enormous growth trajectory outside of its Cupertino stronghold. [...] One caveat: It&rsquo;s unclear whether the project will be built according to that design, from architecture firm HOK, or if Apple and Landbank will want to modify it in some way.</p></em><br /><br /><p>On its marketing microsite&nbsp;<a href="" rel="nofollow" target="_blank"></a>, real estate firm&nbsp;Landbank Investments and architects HOK present the designs for the planned new Apple "Central &amp; Wolfe Campus" with a series of box-hating and Walter-Isaacson-quote-spiked slides:</p><p><img title="" alt="" src=""></p><p><img title="" alt="" src=""></p><p><img title="" alt="" src=""></p><p><img title="" alt="" src=""></p><p><img title="" alt="" src=""></p><p><img title="" alt="" src=""></p><p><img title="" alt="" src=""></p><p><img title="" alt="" src=""></p><p><em>All images via&nbsp;, design by HOK.</em></p><p>In other Apple-Campus-related news on Archinect:</p><ul><li><a href="" rel="nofollow" target="_blank">Construction update: More (unofficial) drone footage of Apple's spaceship campus</a></li><li><a href="" rel="nofollow" target="_blank">Apple invites visitors to gaze at its 'spaceship' from new observation deck</a></li><li><a href="" rel="nofollow" target="_blank">Apple's spaceship campus being built to iPhone standards</a></li></ul> Passive-aggressive "No Californians" stickers cropping up on Portland's "For Sale" signs Julia Ingalls 2015-09-16T14:25:00-04:00 >2015-09-17T01:52:56-04:00 <img src="" width="514" height="386" border="0" title="" alt="" /><em><p>Portlanders apparently upset with the direction of the local housing market are slapping "no Californians" stickers on For Sale signs in the city, real estate agents say.</p></em><br /><br /><p><a href="" rel="nofollow" target="_blank">Portland</a>, Oregon denizens are apparently worried that a tightening real estate market is partly the fault of monied Californians, who allegedly start bidding wars and make already scarce housing inventory even <a href="" rel="nofollow" target="_blank">more expensive</a>. This fear is manifesting in the appearance of a wordless, red and black sticker on real estate signs that appears to ban the state of <a href="" rel="nofollow" target="_blank">California</a>, a la a "No Smoking" sign. As realtor Lori&nbsp;Fenwick noted, Portlanders who don't like current real estate rates "can just go ahead and voice their opinions wherever they want, but it sucks that they're doing that."</p><p><img title="" alt="" src=""></p> What a starchitectural skyline means for the future of New York Amelia Taylor-Hochberg 2015-09-14T14:25:00-04:00 >2015-09-14T18:25:47-04:00 <img src="" width="514" height="289" border="0" title="" alt="" /><em><p>The latest explosion of Manhattan development has fully and passionately embraced the phenomenon of the global starchitect. [...] As it turned out, the future would be pure real estate ... The future was the privatisation of the sky and a transfer from corporate power to individual wealth, the visual manifestation of the 0.1 per cent. It was a catwalk of anorexic skinnyscrapers by the equivalents of haute-couture designers ... global names with which to sell real estate.</p></em><br /><br /><!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" ""> <html><head><meta></head></html> Map Shows the Best Neighborhoods in the World’s Top Cities Are Still Cheaper Than NYC Alyssa Alimurung 2015-09-14T11:43:00-04:00 >2015-09-14T11:44:05-04:00 <img src="" width="514" height="348" border="0" title="" alt="" /><em><p>With real estate prices soaring so high and so quickly, a lot of us are questioning if we even want to live in New York anymore&mdash;not to mention if we can. According to NeighborhoodX&lsquo;s latest map the price paid for a Bed-Stuy or Harlem apartment could get you a pretty sweet pad in the South of France or even trendy Paris.</p></em><br /><br /><!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" ""> <html><head><meta></head></html> Barcelona plans shakedown scheme against unlicensed Airbnb apartments to curb tourism boom Justine Testado 2015-08-19T15:07:00-04:00 >2015-08-24T22:32:23-04:00 <img src="" width="514" height="257" border="0" title="" alt="" /><em><p>People caught running unlicensed apartments through websites will be offered the chance to have 80% of their fine canceled if they allow the city council to use the apartment as social accommodation for three years...When the three years are up the landlord [can] either pay off the fine through his or her own funds and reclaim possession of the apartment or continue offering the property as social accommodation until the council receives the equivalent of full payment of the fine.</p></em><br /><br /><p>More on Archinect:</p><p><a title="Airbnb now open for business in Cuba, despite anemic internet access" href="" rel="nofollow" target="_blank">Airbnb now open for business in Cuba, despite anemic internet access</a></p><p><a title="Airbnb rentals cut deep into San Francisco housing stock, report says" href="" rel="nofollow" target="_blank">Airbnb rentals cut deep into San Francisco housing stock, report says</a></p><p><a title="Monterey Park City Council adopts tougher penalties for landlords of illegal boarding homes" href="" rel="nofollow" target="_blank">Monterey Park City Council adopts tougher penalties for landlords of illegal boarding homes</a></p><p><a title="Airbnb celebrates London's Deregulation Act with floating house on River Thames" href="" rel="nofollow" target="_blank">Airbnb celebrates London's Deregulation Act with floating house on River Thames</a></p><p><a title="Archinect's Lexicon: &quot;Dark Tourism&quot;" href="" rel="nofollow" target="_blank">Archinect's Lexicon: "Dark Tourism"</a></p> This 3D map compares NYC real estate prices by neighborhood DianePham 2015-08-17T12:24:00-04:00 >2015-08-24T21:42:16-04:00 <img src="" width="514" height="314" border="0" title="" alt="" /><em><p>We all have a pretty good idea which NYC neighborhoods command top dollar, but this incredible 3D map from NeighborhoodX really puts things into perspective by pinning the city&rsquo;s 325 neighborhoods against one another in a visually jarring side-by-side comparison. Among the most expensive? In Brooklyn...</p></em><br /><br /><p>More on New York real estate:</p><ul><li><a title="The rise of communal living in New York" href="" rel="nofollow" target="_blank">The rise of communal living in New York</a></li><li><a title="This $250M mega penthouse might become New York's priciest home" href="" rel="nofollow" target="_blank">This $250M mega penthouse might become New York's priciest home</a></li><li><a title="New York &amp; London ranked highest in 2015 Global Cities Index" href="" rel="nofollow" target="_blank">New York &amp; London ranked highest in 2015 Global Cities Index</a></li><li><a title="NYC's public-housing woes" href="" rel="nofollow" target="_blank">NYC's public-housing woes</a></li></ul> A little reminder that U.S. rent affordability is at its worst, according to Zillow Justine Testado 2015-08-14T20:40:00-04:00 >2015-08-16T12:20:03-04:00 <img src="" width="514" height="288" border="0" title="" alt="" /><em><p>Americans living in rentals spent almost a third of their incomes on housing in the second quarter, the highest share in recent history. Rental affordability has steadily worsened, according to a new report from Zillow, which tracked data going back to 1979...While mortgages remain relatively affordable, landlords have been able to increase rents because demand for apartments remains strong. The U.S. homeownership rate fell to the lowest level in almost five decades in the second quarter.</p></em><br /><br /><p>More on Archinect:</p><ul><li><a title="Shipping container village crops up in Oakland, offering alternative to sky-high SF rents" href="" rel="nofollow" target="_blank">Shipping container village crops up in Oakland, offering alternative to sky-high SF rents</a></li><li><a title="500 Square Feet and Falling" href="" rel="nofollow" target="_blank">500 Square Feet and Falling</a></li><li><a title='Play "Inside the rent", and become a virtual developer in NYC' href="" rel="nofollow" target="_blank">Play "Inside the rent", and become a virtual developer in NYC</a></li><li><a title="Monterey Park City Council adopts tougher penalties for landlords of illegal boarding homes" href="" rel="nofollow" target="_blank">Monterey Park City Council adopts tougher penalties for landlords of illegal boarding homes</a></li><li><a title="L.A.'s &quot;bootlegged&quot; apartments might receive amnesty from city under new proposal" href="" rel="nofollow" target="_blank">L.A.'s "bootlegged" apartments might receive amnesty from city under new proposal</a></li></ul>