Archinect - News 2024-05-02T14:32:34-04:00 https://archinect.com/news/article/150424831/oma-breaks-ground-on-the-perigon-miami-beach OMA breaks ground on The Perigon Miami Beach Josh Niland 2024-04-22T12:28:00-04:00 >2024-04-25T12:11:04-04:00 <img src="https://archinect.gumlet.io/uploads/65/65e2ecedc7f9e6b7ecfc0b9636ea0c1f.jpg?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><p><a href="https://archinect.com/firms/cover/382/oma-the-office-for-metropolitan-architecture" target="_blank">OMA</a> has broken ground on its new <a href="https://archinect.com/news/tag/61090/miami-beach" target="_blank">Miami Beach</a> development called <a href="https://archinect.com/news/article/150309858/oma-unveils-design-for-tiered-residential-tower-in-miami-beach" target="_blank">The Perigon</a>. The project from partner <a href="https://archinect.com/news/tag/1281820/jason-long" target="_blank">Jason Long</a> at 5333 Collins Avenue will reach a height of 17 floors when it first opens to residents in late 2026.&nbsp;</p> <p>A total of 73 one- and two-bedroom residences are included, oriented around creating ocean vistas and including about 20,000 square feet of amenities spaces highlighted by a speakeasy and the latest restaurant concept from celebrity chef Shaun Hergatt.</p> <figure><p><a href="https://archinect.gumlet.io/uploads/e8/e8d371fec7d6b506166ca050b7807b60.jpg?auto=compress%2Cformat&amp;enlarge=true&amp;w=1028" target="_blank"><img src="https://archinect.gumlet.io/uploads/e8/e8d371fec7d6b506166ca050b7807b60.jpg?auto=compress%2Cformat&amp;enlarge=true&amp;w=514"></a></p><figcaption>Image credit: The Boundary</figcaption></figure><figure><figure><a href="https://archinect.gumlet.io/uploads/96/96a066c79ed2ad96f6a1f97b4ee04476.jpg?auto=compress%2Cformat&amp;enlarge=true&amp;w=1028" target="_blank"><img src="https://archinect.gumlet.io/uploads/96/96a066c79ed2ad96f6a1f97b4ee04476.jpg?auto=compress%2Cformat&amp;enlarge=true&amp;w=514"></a><figcaption>Image credit: The Boundary</figcaption></figure></figure><p>A double-height entry lobby welcomes residents to the building&rsquo;s other features, including a conservatory space, film screening room, beach club, and 82-foot swimming pool. The building is conceived as a series of small rotated &ldquo;towers.&rdquo; The vistas are referencing European Riviera-style resort designs, reflected again in interiors designed by Tara Bernerd &amp; Partners.&nbsp;<br></p> <figure><p><a href="https://archinect.gumlet.io/uploads/57/57b709771c5afa975541ba843a7e5871.jpg?auto=compress%2Cformat&amp;enlarge=true&amp;w=1028" target="_blank"><img src="https://archinect.gumlet.io/uploads/57/57b709771c5afa975541ba843a7e5871.jpg?auto=compress%2Cformat&amp;enlarge=true&amp;w=514"></a></p><figcaption>Image credit: The Boundary</figcaption></figure><figure><p><a href="https://archinect.gumlet.io/uploads/94/94f7d500c0a00c9e33a1ff940b99b5b6.jpg?auto=compress%2Cformat&amp;enlarge=true&amp;w=1028" target="_blank"><img src="https://archinect.gumlet.io/uploads/94/94f7d500c0a00c9e33a1ff940b99b5b6.jpg?auto=compress%2Cformat&amp;enlarge=true&amp;w=514"></a></p><figcaption>Image credit: The Boundary</figcaption></figure><p>Viewed from the outside, its singular form is define...</p> https://archinect.com/news/article/150422876/developer-behind-shop-designed-the-brooklyn-tower-is-facing-foreclosure-on-240-million-loan Developer behind SHoP-designed The Brooklyn Tower is facing foreclosure on $240 million loan Josh Niland 2024-04-04T12:20:00-04:00 >2024-04-04T14:48:20-04:00 <img src="https://archinect.gumlet.io/uploads/0d/0d6db07502e08e509efb46dbdf4673d9.png?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><p>Michael Stern, the developer of <a href="https://archinect.com/SHoP" target="_blank">SHoP</a>&rsquo;s new The Brooklyn Tower (also known by its address at <a href="https://archinect.com/news/tag/739154/9-dekalb-avenue" target="_blank">9 Dekalb Avenue</a>), is facing foreclosure over a failure to pay a $240 million loan that was extended by <a href="https://archinect.com/firms/cover/42800311/silverstein-properties" target="_blank">Silverstein Properties</a>&nbsp;in 2019 to complete the 93-story project, according to reports from <em><a href="https://therealdeal.com/new-york/2024/03/27/michael-stern-defaults-on-brooklyns-9-dekalb-ave/" target="_blank">The Real Deal</a>.</em></p> <p>As <em>TDR</em> pointed out, Stern is also responsible for <a href="https://archinect.com/news/tag/1193664/111-west-57th-street" target="_blank">111 West 57th Street</a>, which has had issues with <a href="https://archinect.com/news/article/150019810/nyc-s-super-skinny-skyscraper-is-fat-with-cost-overruns-prompting-a-lawsuit" target="_blank">cost overruns</a> and other legal setbacks.</p> <p>Stern, a veteran of the city&rsquo;s high-stakes recent luxury market, is known for making huge bets on his projects. Speaking for a 2020<em> <a href="https://www.ft.com/content/1f95c4fc-7eb0-11ea-8fdb-7ec06edeef84" target="_blank">Financial Times</a></em> profile, <a href="https://archinect.com/fxcollaborative" target="_blank">FXCollaborative</a>&rsquo;s Daniel Kaplan said of his approach, &ldquo;He&rsquo;s commissioned some very good architecture. The thing that&rsquo;s really interesting about him is that all the things people say you can&rsquo;t do &mdash; or you can&rsquo;t do for the money &mdash; he says, &lsquo;Forget it!&rsquo;&rdquo;</p> <figure><p><a href="https://archinect.gumlet.io/uploads/d6/d60e74dcdf2ed6f54a37a059576f1287.jpg?auto=compress%2Cformat&amp;enlarge=true&amp;w=1028" target="_blank"><img src="https://archinect.gumlet.io/uploads/d6/d60e74dcdf2ed6f54a37a059576f1287.jpg?auto=compress%2Cformat&amp;enlarge=true&amp;w=514"></a></p><figcaption>Related on Archinect: <a href="https://archinect.com/news/article/150273656/shop-architects-supertall-residential-tower-9-dekalb-is-now-the-tallest-building-in-brooklyn" target="_blank">SHoP Architects' supertall residential tower 9 DeKalb is now the tallest building in Brooklyn</a></figcaption><p><br></p><p>The tower, which stands as <a href="https://archinect.com/news/article/150273656/shop-architects-supertall-residential-tower-9-dekalb-is-now-the-tallest-building-in-brooklyn" target="_blank">Brookly...</a></p></figure> https://archinect.com/news/article/150419682/new-yorkers-are-still-pissed-about-disrupted-view-sheds-and-262-fifth-avenue New Yorkers are still pissed about disrupted view sheds and 262 Fifth Avenue Josh Niland 2024-03-10T08:00:00-04:00 >2024-03-13T13:45:55-04:00 <img src="https://archinect.gumlet.io/uploads/32/325d41c3339b120d732b409d8bb7308d.jpg?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><em><p>&ldquo;It really pisses me off,&rdquo; Clark said while standing in the plaza in front of the Flatiron Building on Fifth Avenue, a few blocks south of the dueling skyscrapers. &ldquo;The whole New York skyline has been destroyed. When I moved here I was thrilled with it, and now it&rsquo;s just getting disgusting. These new buildings have no identity, no design to them. We&rsquo;ve lost the character of New York, and it breaks my heart.&rdquo;</p></em><br /><br /><p>The <em>Guardian</em> goes inside some locals' struggle against the new <a href="https://archinect.com/news/tag/949801/262-fifth-avenue" target="_blank">262 Fifth Avenue</a> condo tower by <a href="https://archinect.com/news/tag/949800/meganom" target="_blank">Meganom</a> and <a href="https://archinect.com/firms/cover/9432773/slce-architects" target="_blank">SLCE Architects</a>. The East Siders protesting their obstructed view sheds are also not in favor of its appearance or the design for <a href="https://archinect.com/news/tag/260627/432-park-avenue" target="_blank">432 Park Avenue</a>, including several inspired teen critics on TikTok.</p> <p><em>NYT</em> critic Michael Kimmelman also <a href="https://archinect.com/news/article/150391291/michael-kimmelman-again-asks-should-new-york-regulate-its-skyline" target="_blank">wrote of their plight</a> last year, declaring theirs and other <a href="https://archinect.com/news/article/150079927/residents-sue-to-stop-sutton-58-high-rise-construction-in-nyc" target="_blank">opposition attempts</a> a noble attempt at restoring the city&rsquo;s history in an era defined by zoning manipulation and visible inequality.&nbsp;</p> <p>A preservationist named Jorge Otero-Pailos told Kimmelman last October that new regulations are needed to &ldquo;guarantee a collective experience, a sense of shared identity and civic meaning, which can bind New Yorkers across generations and centuries.&rdquo;</p> https://archinect.com/news/article/150399635/neom-debuts-new-epicon-coastal-resort-and-hotel-concept NEOM debuts new Epicon coastal resort and hotel concept Josh Niland 2023-11-17T16:58:00-05:00 >2024-03-15T01:45:58-04:00 <img src="https://archinect.gumlet.io/uploads/00/00405f01a63b3ded5cf1fcb18c93d8ba.jpg?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><p>Saudi Arabia&rsquo;s <a href="https://archinect.com/news/tag/1035435/neom" target="_blank">NEOM</a> project has announced another new coastal resort concept located on the country&rsquo;s Gulf of Aqaba. </p> <p>The new Epicon destination follows last month&rsquo;s announcement of <a href="https://archinect.com/news/article/150387069/neom-reveals-new-leyja-resort-concepts-designed-by-mario-cucinella-chris-van-duijn-and-shaun-killa" target="_blank">Leyja</a>, another hospitality project in the region. It will become the sixth development in NEOM&rsquo;s portfolio, which includes the <a href="https://archinect.com/news/tag/2136661/trojena" target="_blank">Trojena</a> and <a href="https://archinect.com/news/article/150332539/saudi-arabia-is-moving-forward-with-plans-for-a-ski-resort-in-neom" target="_blank">Sindalah</a> ski and yacht resorts, <a href="https://archinect.com/news/article/150333426/neom-announces-plans-for-new-man-made-island-development-called-oxagon" target="_blank">Oxagon</a> industrial/residential tract, and the controversial 'zero-gravity urbanism' showcase <a href="https://archinect.com/news/tag/2165061/the-line" target="_blank">THE LINE</a> megacity.</p> <figure><p><a href="https://archinect.gumlet.io/uploads/64/648c734af9451af26a172e09f74818ee.jpg?auto=compress%2Cformat&amp;w=1028" target="_blank"><img src="https://archinect.gumlet.io/uploads/64/648c734af9451af26a172e09f74818ee.jpg?auto=compress%2Cformat&amp;w=514"></a></p><figcaption>Image courtesy NEOM</figcaption></figure><p>Two towers totaling 225 and 275 meters in height (738 and 902 feet, respectively) are included in Epicon's hotel concept, along with a distant resort and a string of luxury beach villas that are cast along the shoreline &mdash; the hotel buildings appearing as though a desert mirage. </p> <figure><p><a href="https://archinect.gumlet.io/uploads/f2/f27bc99224d2fc4a07ddee02e550e738.jpg?auto=compress%2Cformat&amp;w=1028" target="_blank"><img src="https://archinect.gumlet.io/uploads/f2/f27bc99224d2fc4a07ddee02e550e738.jpg?auto=compress%2Cformat&amp;w=514"></a></p><figcaption>Image courtesy NEOM</figcaption></figure><p>The 41-key hotel design with 14 apartment units offers twin-tower blocks connected via an elevated platform defined by exposed structural beams extending out in either direction. Its facade can be illuminated from t...</p> https://archinect.com/news/article/150384428/undulating-balconies-define-pininfarina-s-45-story-tower-in-fort-lauderdale Undulating balconies define Pininfarina’s 45-story tower in Fort Lauderdale Niall Patrick Walsh 2023-10-13T11:19:00-04:00 >2024-03-15T01:45:58-04:00 <img src="https://archinect.gumlet.io/uploads/d0/d040c035a851e7a899e6ad042fe89efb.jpg?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><p><a href="https://archinect.com/pininfarina" target="_blank">Pininfarina</a> has designed a 45-story oceanside tower in <a href="https://archinect.com/news/tag/231078/fort-lauderdale" target="_blank">Fort Lauderdale</a>, Florida. Developed by <a href="https://archinect.com/firms/cover/31717720/related-companies" target="_blank">Related Group</a> with CFE Architects as the architect of record, the Andare Residences condominium tower contains 163 residential units.</p> <figure><figure><a href="https://archinect.gumlet.io/uploads/0d/0d450fe19701db52ec967932afe5fe59.jpg?auto=compress%2Cformat&amp;w=1028" target="_blank"><img src="https://archinect.gumlet.io/uploads/0d/0d450fe19701db52ec967932afe5fe59.jpg?auto=compress%2Cformat&amp;w=514"></a><figcaption>Image credit: Related Group / Pininfarina</figcaption></figure></figure><p>The 540-foot-tall tower was inspired by the area&rsquo;s maritime context, with a flowing, wave-like facade characterized by undulating wraparound balconies. At the base of the tower, meanwhile, a 36-foot arch marks the entrance to the scheme of the pedestrian thoroughfare.</p> <figure><figure><a href="https://archinect.gumlet.io/uploads/29/292b44ca2af28dc736e1c149b90ab595.jpg?auto=compress%2Cformat&amp;w=1028" target="_blank"><img src="https://archinect.gumlet.io/uploads/29/292b44ca2af28dc736e1c149b90ab595.jpg?auto=compress%2Cformat&amp;w=514"></a><figcaption>Image credit: Related Group / Pininfarina</figcaption></figure></figure><p>At ground level, the tower&rsquo;s double-height lobby contains floor-to-ceiling windows and displays both artistic and <a href="https://archinect.com/news/tag/1727247/biophilic-design" target="_blank">biophilic</a> elements. Above, the residences range from 1,800 to 4,300 square feet, designed with open-concept living areas, floor-to-ceiling glazing, and wraparound balconies.</p> <figure><p><a href="https://archinect.gumlet.io/uploads/9a/9af73c82f20c338154f55add77ca6a20.jpeg?auto=compress%2Cformat&amp;w=1028" target="_blank"><img src="https://archinect.gumlet.io/uploads/9a/9af73c82f20c338154f55add77ca6a20.jpeg?auto=compress%2Cformat&amp;w=514"></a></p><figcaption>Image credit: Related Group / Pininfarina</figcaption></figure><figure><figure><a href="https://archinect.gumlet.io/uploads/19/198f86268e8a7aac445488680e7eec75.jpg?auto=compress%2Cformat&amp;w=1028" target="_blank"><img src="https://archinect.gumlet.io/uploads/19/198f86268e8a7aac445488680e7eec75.jpg?auto=compress%2Cformat&amp;w=514"></a><figcaption>Image credit: Related Group / Pininfarina</figcaption></figure></figure><p>"The unparalleled location of this property, in ...</p> https://archinect.com/news/article/150330391/hks-debuts-revised-plans-for-texas-tallest-high-rise HKS debuts revised plans for Texas’ tallest high-rise Josh Niland 2022-11-15T13:13:00-05:00 >2024-03-15T01:45:58-04:00 <img src="https://archinect.gumlet.io/uploads/7e/7e8abff75d813fa25bea03949b9fe3fc.jpg?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><em><p>[...] Wilson Capital announced this morning that its redevelopment of the Avenue Lofts site will be significantly larger than previously reported. The multifamily residential building planned for the 0.8-acre property at 410 East Fifth Street, now known as Wilson Tower, is set to rise 80 floors to a total height of 1,035 feet &mdash; and yes, that would make the project the new tallest tower in Texas upon completion, exceeding the height of the Waterline supertall project [...]</p></em><br /><br /><p><a href="https://archinect.com/firms/cover/4398903/hks-inc" target="_blank">HKS</a>&nbsp;is behind the Wilson Tower project, which will complement the 43-story 700 River development that broke ground recently on a tract <a href="https://austin.towers.net/rainey-streets-future-skyline-looks-like-a-second-downtown-austin/" target="_blank">fast becoming</a> Austin&rsquo;s &ldquo;second&rdquo; downtown. The would-be new record-setter had been <a href="https://austin.towers.net/54-story-residential-tower-headed-for-avenue-lofts-site-in-downtown-austin/" target="_blank">previously planned</a> for only 54 stories and is now <a href="https://www.wilsontower.com/" target="_blank">advertising lets</a> for its 450 available luxury units. Amenities like a movie theater and indoor dog run are included in a four-story block. The rest of the program appears standard fare for a city that now <a href="https://www.bizjournals.com/austin/blog/real-estate/2014/03/austins-wealthiest-areas-where-they-are-and-how.html" target="_blank">boasts nine</a> of the wealthiest 1,000 neighborhoods in the country.&nbsp;</p> <figure><p><a href="https://archinect.gumlet.io/uploads/8b/8bd51e3e26c083df2ae5c4a13cb28543.jpg?auto=compress%2Cformat&amp;w=1028" target="_blank"><img src="https://archinect.gumlet.io/uploads/8b/8bd51e3e26c083df2ae5c4a13cb28543.jpg?auto=compress%2Cformat&amp;w=514"></a></p><figcaption>Image courtesy HKS/Wilson Capital</figcaption></figure><p>"I don't think the need for housing is going anywhere," an unnamed developer <a href="https://www.bizjournals.com/austin/news/2022/11/14/reach-for-the-sky-austins-skyline-soars.html" target="_blank">told</a> <em>Austin Business Journal</em>, referencing the state capital&rsquo;s dual status as the fastest-growing city in America. "Looking into the future, when this building is planned to come online, we still see Austin with the incredibly strong fundamentals needed to support a project like this."</p> <figure><p><a href="https://archinect.gumlet.io/uploads/66/6659173485f3dc21f9e460038b276650.jpg?auto=compress%2Cformat&amp;w=1028" target="_blank"><img src="https://archinect.gumlet.io/uploads/66/6659173485f3dc21f9e460038b276650.jpg?auto=compress%2Cformat&amp;w=514"></a></p><figcaption>Image courtesy HKS/Wilson Capital</figcaption></figure>... https://archinect.com/news/article/150324317/central-park-tower-penthouse-lists-for-a-record-250-million-in-manhattan Central Park Tower penthouse lists for a record $250 million in Manhattan Josh Niland 2022-09-20T14:31:00-04:00 >2024-03-15T01:45:58-04:00 <img src="https://archinect.gumlet.io/uploads/b6/b6012bbbbc83678810f11540275aaa93.jpg?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><p>High rollers in the <a href="https://archinect.com/news/article/150310626/short-term-rentals-are-putting-a-record-squeeze-on-renters-in-the-big-apple" target="_blank">most expensive</a>&nbsp;residential&nbsp;market in the country now have the chance to own its highest-elevated piece of real estate as the penthouse apartment in <a href="https://archinect.com/firms/cover/51099/adrian-smith-gordon-gill-architecture" target="_blank">Adrian Smith + Gordon Gill</a>'s record-breaking <a href="https://archinect.com/news/tag/1024510/central-park-tower" target="_blank">Central Park Tower</a> is now up for sale in Manhattan.</p> <p>The asking price for the triplex unit occupying the 129th&ndash;131st floors is reportedly $250 million, easily doubling the $169 million listing price that the 96th floor unit in Rafael Vi&ntilde;oly&rsquo;s troubled <a href="https://archinect.com/news/tag/260627/432-park-avenue" target="_blank">432 Park Avenue</a>&nbsp;tower commanded when it <a href="https://www.nytimes.com/2021/06/28/realestate/432-park-avenue-penthouse.html" target="_blank">hit the market</a> a year ago and surmounting the <a href="https://archinect.com/news/article/150118742/megapenthouse-at-stern-designed-220-central-park-south-sells-for-238m-now-the-most-expensive-home-sold-in-the-u-s" target="_blank">$238 million</a> figure hedge funder Ken Griffin paid for his <a href="https://archinect.com/news/tag/611147/220-central-park-south" target="_blank">220 Central Park South</a> penthouse in 2019.&nbsp;</p> <figure><p><a href="https://archinect.gumlet.io/uploads/c3/c391c503f0c515e1cee5dc427eeec321.jpeg?auto=compress%2Cformat&amp;w=1028" target="_blank"><img src="https://archinect.gumlet.io/uploads/c3/c391c503f0c515e1cee5dc427eeec321.jpeg?auto=compress%2Cformat&amp;w=514"></a></p><figcaption>Previously on Archinect: <a href="https://archinect.com/news/article/150287089/recent-sales-at-central-park-tower-close-below-their-asking-prices-reflecting-falling-values-at-billionaires-row-residences" target="_blank">Recent sales at Central Park Tower close below their asking prices reflecting falling values at Billionaires' Row residences</a></figcaption></figure><p>At 1,416 feet, the apartment is the world&rsquo;s highest private residence and comes complete with 27-foot ceilings, a ballroom, grand salon, and two kitchens. It&rsquo;s high enough that the curvature of the...</p> https://archinect.com/news/article/150319272/construction-begins-on-oda-designed-residential-tower-along-billionaire-s-row Construction begins on ODA-designed residential tower along Billionaire's Row Nathaniel Bahadursingh 2022-08-02T13:55:00-04:00 >2024-03-15T01:45:58-04:00 <img src="https://archinect.gumlet.io/uploads/6d/6d97d336d75495e7461288192f078105.jpg?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><p>Construction has begun on an <a href="https://archinect.com/firms/cover/105017616/oda-architecture" target="_blank">ODA</a>-designed residential tower along <a href="https://archinect.com/news/tag/12384/new-york-city" target="_blank">New York City</a>&rsquo;s <a href="https://archinect.com/news/tag/1193666/billionaires-row" target="_blank">Billionaire&rsquo;s Row</a>. The 175,000-square-foot building will sit at 126 East 57th Street, comprising 175 units. Nearly all of the residences will have private outdoor terraces, creating a pixelated effect across the cast-in-place concrete fa&ccedil;ade with projections and recesses.&nbsp;</p> <p>The main entrance will be located on 57th Street and guide residents through a copper, mirrored gateway into a six-story-tall atrium with views of a landscaped courtyard. A gallery continues the journey to the lobby. An alternate entrance along 56th Street will feature a porte cochere for car drop-off.&nbsp;</p> <figure><p><a href="https://archinect.gumlet.io/uploads/d1/d1d711ff078bae1dad8139524f1c1feb.jpg?auto=compress%2Cformat&amp;w=1028" target="_blank"><img src="https://archinect.gumlet.io/uploads/d1/d1d711ff078bae1dad8139524f1c1feb.jpg?auto=compress%2Cformat&amp;w=514"></a></p><figcaption>Rendering by Brick Visual</figcaption></figure><p>&ldquo;This building brings a human scale, playfulness, and visual interest to this upscale corridor of 57th Street,&rdquo; Founder and Executive Director of ODA, <a href="https://archinect.com/news/tag/958836/eran-chen" target="_blank">Eran Chen</a>, commented on the design. &ldquo;As New York City slowly transforms Midtown East to a residential destination, we strive to offer a contemporary outlook for...</p> https://archinect.com/news/article/150294323/heatherwick-studio-unveils-updated-designs-for-1700-alberni-development-in-vancouver Heatherwick Studio unveils updated designs for 1700 Alberni development in Vancouver Josh Niland 2022-01-13T17:00:00-05:00 >2024-03-15T01:45:58-04:00 <img src="https://archinect.gumlet.io/uploads/c5/c5e0e5e703bf4ac45786baa693f987c3.jpg?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><p>An update to one of the most significant projects in a spate of <a href="https://archinect.com/news/article/150286228/ole-scheeren-designs-luxury-condominium-tower-in-vancouver-featuring-cantilevered-volumes" target="_blank">recent</a> high-profile Canadian <a href="https://archinect.com/news/article/150265103/a-new-proposal-for-55-yonge-street-will-bring-much-needed-vertical-space-to-burgeoning-downtown-toronto" target="_blank">luxury residential developments </a>as Heatherwick Studio has unveiled its upgraded designs for the 1700 Alberni towers complex. The revised proposal follows community feedback taken from Vancouver&rsquo;s <a href="https://shapeyourcity.ca/" target="_blank">Shape Your City</a> public web forum.</p> <p>Marked by its intricate latticework and gentle lines, the towers make up a distinctive silhouette contrasted against the city&rsquo;s <a href="https://www.theglobeandmail.com/news/british-columbia/rezoning-for-high-rises-at-odds-with-west-ends-character-critics-charge/article4785950/" target="_blank">rezoned</a> West End skyline. The new plans call for a repositioning and resizing of the towers to create less restricted views of that skyline, in addition to expanding the biophilic outdoor living and pedestrian spaces which give the overall development its green character.&nbsp;</p> <figure><p><a href="https://archinect.gumlet.io/uploads/a8/a8887e1ab87e1e3368e5a97fc7152eda.jpg?auto=compress%2Cformat&amp;w=1028" target="_blank"><img src="https://archinect.gumlet.io/uploads/a8/a8887e1ab87e1e3368e5a97fc7152eda.jpg?auto=compress%2Cformat&amp;w=514"></a></p><figcaption>The new street-level view of the tower. Rendering via @wearenarrativ.</figcaption></figure><p>&ldquo;We saw an opportunity to reflect on the past two years and show a more dynamic and contemporary way to live in the city of Vancouver,&rdquo; Partner Stuart Wood said in a statement. &ldquo;Our design offers a profo...</p> https://archinect.com/news/article/150287089/recent-sales-at-central-park-tower-close-below-their-asking-prices-reflecting-falling-values-at-billionaires-row-residences Recent sales at Central Park Tower close below their asking prices reflecting falling values at Billionaires' Row residences Nathaniel Bahadursingh 2021-11-02T19:30:00-04:00 >2021-11-02T19:31:04-04:00 <img src="https://archinect.gumlet.io/uploads/be/be548beac266b3d6077da6057ee5ae9e.jpeg?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><em><p>The supertall Central Park Tower, the latest addition by Extell Development to Midtown Manhattan&rsquo;s Billionaires&rsquo; Row, had more recorded sales in October, including two full-floor aeries. But both of them, like other recent transactions in the new building, closed well below their asking price.</p></em><br /><br /><p>Of all the recent sales at <a href="https://archinect.com/news/tag/1024510/central-park-tower" target="_blank">Central Park Tower</a>, just one was made around the asking price. At the <a href="https://archinect.com/firms/cover/51099/adrian-smith-gordon-gill-architecture" target="_blank">Adrian Smith + Gordon Gill</a>-designed luxury <a href="https://archinect.com/news/tag/13491/skyscraper" target="_blank">skyscraper</a>, which boasts the highest roof in the Western Hemisphere, <em>The New York Times</em> <a href="https://www.nytimes.com/2021/10/29/realestate/top-nyc-real-estate-sales.html" target="_blank">reports</a> three recent apartment sales well below their listed prices. An apartment listed for $78.1 million sold for $48 million; a similar-sized unit listed for $63 million sold for $40.8 million; and another listed for $14.7 million sold for $12.3 million.&nbsp;</p> <p>This trend according to appraiser Jonathan J. Miller of Miller Samuel is present in other <a href="https://archinect.com/news/tag/1193666/billionaires-row" target="_blank">Billionaires&rsquo; Row</a> residences, noting that resales at other luxury skyscrapers have not held their value. &ldquo;Prices in general for Billionaires&rsquo; Row peaked in 2015-2016, and since then, they have fallen 25 to 50 percent, depending on the building.&rdquo;</p> <p>At the nearby <a href="https://archinect.com/firms/cover/33199/robert-a-m-stern-architects" target="_blank">RAMSA</a>-designed&nbsp;<a href="https://archinect.com/news/tag/611147/220-central-park-south" target="_blank">220 Central Park South</a>, however, which sits just outside Billionaires' Row, <em>The New York Times </em>reports a $66 million sale, approximately $15.6 mi...</p> https://archinect.com/news/article/150277145/so-il-s-newest-residential-complex-offers-brooklynites-a-new-way-of-living SO – IL's newest residential complex offers Brooklynites a 'new way of living' Josh Niland 2021-08-09T15:25:00-04:00 >2024-03-15T01:45:58-04:00 <img src="https://archinect.gumlet.io/uploads/39/39c7de6f7e6a2d6a18d6ad845af400ba.jpg?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><p>Sales are underway for units in the new <a href="https://archinect.com/so-il" target="_blank">SO &ndash; IL</a>-designed 450 Warren in Brooklyn following a detailed construction period that topped out last fall.</p> <p>Touting a &ldquo;new way of living,&rdquo; the 18 unit private residential development transforms the city into nature. Gowanus&rsquo; first-of-its-kind balanced community offers inhabitants refreshing views and an array of <a href="https://www.nytimes.com/2021/03/02/realestate/the-return-of-the-foyer.html" target="_blank">eco-friendly amenities</a> surrounded by courtyard gardens in the heart of one of the borough&rsquo;s most artistic neighborhoods.<br></p> <figure><p><a href="https://archinect.gumlet.io/uploads/75/757e21e0c5a128ad165880d9bed4d450.jpg?auto=compress%2Cformat&amp;w=1028" target="_blank"><img src="https://archinect.gumlet.io/uploads/75/757e21e0c5a128ad165880d9bed4d450.jpg?auto=compress%2Cformat&amp;w=514"></a></p><figcaption>Image courtesy of SO &ndash; IL </figcaption></figure><p>Developer <a href="https://www.instagram.com/tankhouse_llc/?hl=en" target="_blank">Tankhouse</a> announced the plan in the spring of 2019. The residences will feature an open kitchen plan, private foyer entryways, and oversized windows in an intimate layout connected to a central rooftop atrium via a series of bridges and hallways that give users added freedom of movement around the five-story building.&nbsp;<br></p> <figure><p><a href="https://archinect.gumlet.io/uploads/4c/4ceb0c3b0e1e321fff07daeb117664d0.jpg?auto=compress%2Cformat&amp;w=1028" target="_blank"><img src="https://archinect.gumlet.io/uploads/4c/4ceb0c3b0e1e321fff07daeb117664d0.jpg?auto=compress%2Cformat&amp;w=514"></a></p><figcaption>Image courtesy of SO &ndash; IL </figcaption></figure><p>Per the architect: &ldquo;The materiality of 450 Warren is like nothing ever seen in New York City construction. 50,000 green-hued terrazzo-groun...</p> https://archinect.com/news/article/150275846/construction-on-queens-tallest-building-skyline-tower-is-complete Construction on Queens' tallest building, Skyline Tower, is complete Nathaniel Bahadursingh 2021-07-28T19:41:00-04:00 >2024-03-15T01:45:58-04:00 <img src="https://archinect.gumlet.io/uploads/72/72b813bfc7596c8dd838d8880a2782d3.jpeg?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><em><p>Construction is now fully complete on Skyline Tower, the tallest skyscraper in Long Island City and all of Queens. Addressed as 23-15 44th Drive, the 68-story, 778-foot-tall edifice is designed by Hill West Architects and developed by United Construction &amp; Development Group, FSA Capital, and Risland US Holdings LLC. Yielding 802 residences designed by Whitehall Interiors and marketed by Modern Spaces, residences range in price from $500,000 to $4 million.</p></em><br /><br /><p>Each of the units feature panoramic, 360-degree views of <a href="https://archinect.com/news/tag/112647/manhattan" target="_blank">Manhattan</a> and the surrounding skyline. The <a href="https://archinect.com/firms/cover/150003943/hill-west-architects" target="_blank">Hill West Architects</a>-designed building is a sleek, monolithic structure defined by its fully-glass fa&ccedil;ade. Its base and crown are composed of metal fins that enclose the parking space and roof parapet, respectively. Amenities include a 75-foot pool, two-level spa, lounges, fitness center, business center, outdoor terrace, and children&rsquo;s playroom.</p> <figure><p><a href="https://archinect.gumlet.io/uploads/6e/6eae3b3ef9cfbf8ef64d3bf995693a7a.jpeg?auto=compress%2Cformat&amp;w=1028" target="_blank"><img src="https://archinect.gumlet.io/uploads/6e/6eae3b3ef9cfbf8ef64d3bf995693a7a.jpeg?auto=compress%2Cformat&amp;w=514"></a></p><figcaption>Previously on Archinect: <a href="https://archinect.com/news/article/150112680/new-renderings-released-of-long-island-city-s-skyline-tower-queens-soon-to-be-tallest" target="_blank">New renderings released of Long Island City&rsquo;s Skyline Tower, Queens&rsquo; soon-to-be-tallest</a></figcaption></figure><p>According to <em>The Real Deal</em>, about 41% of the <a href="https://archinect.com/news/tag/1246989/skyline-tower" target="_blank">Skyline Tower</a>&rsquo;s units are in contract, with sales reaching a record billion-dollar sellout. It&rsquo;s the first condo in the borough to aim for a sellout of this figure.<br></p> https://archinect.com/news/article/150253327/oppenheim-architecture-unveils-images-of-their-crystal-quartz-inspired-luxury-towers-in-australia Oppenheim Architecture unveils images of their crystal quartz-inspired luxury towers in Australia Katherine Guimapang 2021-03-04T16:27:00-05:00 >2024-03-15T01:45:58-04:00 <img src="https://archinect.gumlet.io/uploads/4a/4a63f6e0f4ba3ade11724cd3bddac738.jpg?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><p>The&nbsp;<a href="https://archinect.com/features/tag/1506136/spotlight-on-miami" target="_blank">Miami</a>-based architecture, interior design, and planning firm&nbsp;<a href="https://archinect.com/firms/cover/29194815/oppenheim-architecture" target="_blank">Oppenheim Architecture</a>&nbsp;shared images of their latest luxury mixed-use project, the&nbsp;<em>Jewel</em>. In February 2020, we connected with firm founder&nbsp;<a href="https://archinect.com/features/article/150184070/searching-for-the-elemental-and-straight-forward-with-oppenheim-architecture" target="_blank">Chad Oppenheim for a Studio Snapshot interview</a>. During the interview, we discussed the firm's work and design ethos. "The practice is much more about creating a platform for expression," he shared.&nbsp;</p> <p>"We started by doing projects in up and coming areas and using architecture as we way to extract the best return on investment for our clients," shared Oppenheim. "Further down, we wanted to see how architecture can be as elemental as possible. Little by little, we were brought onto projects on spectacular sites, and we wanted to make the most out of them &ndash; bringing feeling and emotion as part of our ethos."</p> <figure><p><a href="https://archinect.gumlet.io/uploads/0c/0c5e95d6e03e26a6152b0876eacc155b.jpg?auto=compress%2Cformat&amp;w=1028" target="_blank"><img src="https://archinect.gumlet.io/uploads/0c/0c5e95d6e03e26a6152b0876eacc155b.jpg?auto=compress%2Cformat&amp;w=514"></a></p><figcaption>Archinect Feature: <a href="https://archinect.com/features/article/150184070/searching-for-the-elemental-and-straight-forward-with-oppenheim-architecture" target="_blank">Searching for the Elemental and Straight-Forward With Oppenheim Architecture.</a> The Ayla Golf Academy and Clubhouse in Aqaba, Jordan. Photo by Rory Gardiner.</figcaption></figure><figure><p>Staying ...</p></figure> https://archinect.com/news/article/150214565/lattice-topped-spire-designed-by-morris-adjmi-nears-completion-in-new-york-city Lattice-topped spire designed by Morris Adjmi nears completion in New York City Antonio Pacheco 2020-09-04T12:00:00-04:00 >2024-03-15T01:45:58-04:00 <img src="https://archinect.gumlet.io/uploads/86/86198c84450647c3d9c54db7a2983477.png?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><p>A 39-story residential tower designed by Morris Adjmi Architects is nearing the end of construction in New York City, where work on the city's rising crop of luxury residential towers continues unabated.</p> <p>The 92,000-square-foot project is wrapped in an expressive gridded structural system that takes on a woven lattice motif along the tower's upper levels.&nbsp;</p> <figure><p><a href="https://archinect.gumlet.io/uploads/5a/5ab562b9ae0052eecbb317e8d906a4d9.png?auto=compress%2Cformat&amp;w=1028" target="_blank"><img src="https://archinect.gumlet.io/uploads/5a/5ab562b9ae0052eecbb317e8d906a4d9.png?auto=compress%2Cformat&amp;w=514"></a></p></figure><figure><p><a href="https://archinect.gumlet.io/uploads/d0/d0cfde2c8297a017a882fc60e83af26e.png?auto=compress%2Cformat&amp;w=1028" target="_blank"><img src="https://archinect.gumlet.io/uploads/d0/d0cfde2c8297a017a882fc60e83af26e.png?auto=compress%2Cformat&amp;w=514"></a></p></figure><figure><figure><a href="https://archinect.gumlet.io/uploads/39/395eb0d4b5ddc644f382827d34e2c9f1.png?auto=compress%2Cformat&amp;w=1028" target="_blank"><img src="https://archinect.gumlet.io/uploads/39/395eb0d4b5ddc644f382827d34e2c9f1.png?auto=compress%2Cformat&amp;w=514"></a></figure></figure><p>Containing 42 units, the project is described by the architects as rising on "thin, ribbon-like piers" that create "bays of brass-colored, metal-framed windows, before interlacing to form an elegant lattice crown whose pointed arches recall Gothic windows and Art Deco details."</p> <figure><p><a href="https://archinect.gumlet.io/uploads/e0/e0346ca2b3765dc490f5a6f98a0034bd.png?auto=compress%2Cformat&amp;w=1028" target="_blank"><img src="https://archinect.gumlet.io/uploads/e0/e0346ca2b3765dc490f5a6f98a0034bd.png?auto=compress%2Cformat&amp;w=514"></a></p></figure><figure><p><a href="https://archinect.gumlet.io/uploads/3c/3ce7d88fd323c0fdecbe04a861179141.png?auto=compress%2Cformat&amp;w=1028" target="_blank"><img src="https://archinect.gumlet.io/uploads/3c/3ce7d88fd323c0fdecbe04a861179141.png?auto=compress%2Cformat&amp;w=514"></a></p></figure><p>Construction on the tower is nearing later stages as cladding wrapping the tower's structural piers has been almost completely installed while upper level units await final installation of exterior curtain wall glazing.&nbsp;</p> <p>The NYC Construction Photo Instagram account highlights the recent progress in a series of photos posted earlier this week:</p> <p><br></p> <a href="https://www.instagram.com/p/CEr91U_DXb1/?utm_source=ig_embed&amp;utm_campaign=loading" target="_blank"> View ...</a> https://archinect.com/news/article/150187591/photos-of-renzo-piano-s-first-residential-building-in-miami Photos of Renzo Piano's first residential building in Miami Alexander Walter 2020-03-02T19:48:00-05:00 >2024-03-15T01:45:58-04:00 <img src="https://archinect.gumlet.io/uploads/8c/8c803375b1d22b3044db03303813bef1.jpg?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><p><a href="https://archinect.com/firms/cover/341/renzo-piano-building-workshop" target="_blank">Renzo Piano Building Workshop</a> recently celebrated the completion of <a href="https://archinect.com/news/tag/825349/eighty-seven-park" target="_blank">Eighty Seven Park</a>, the firm's first residential building in Miami. <br></p> <p>Designed for developers Terra and Bizzi &amp; Partners Development, the 200-foot-tall condo tower <a href="https://archinect.com/news/article/150099930/renzo-piano-designed-miami-beach-penthouse-could-set-florida-record-at-68-million" target="_blank">made headlines</a> in 2018 when the 18th-floor,&nbsp;six-bedroom, 11-bathroom penthouse hit the market at a Florida record-setting asking price of $68 million.</p> <p>French studio RDAI envisioned the building's interior design, and Rotterdam's West 8 were in charge of the landscape design.<br></p> <figure><p><a href="https://archinect.gumlet.io/uploads/bb/bbee7f90edb512afcb521d4e1c40c700.jpg?auto=compress%2Cformat&amp;w=1028" target="_blank"><img src="https://archinect.gumlet.io/uploads/bb/bbee7f90edb512afcb521d4e1c40c700.jpg?auto=compress%2Cformat&amp;w=514"></a></p><figcaption>Photo: The Boundary, image courtesy Eighty Seven Park.</figcaption></figure><p>"The site is the last piece of land north of North Shore Open Space Park at the limit of the city of Miami Beach," explains <a href="http://www.rpbw.com/project/8701-collins-avenue" target="_blank">RPBW's project description</a>. "The main idea of the project is to enhance the presence of the green space in the area of North Shore Park, by extending the green area to the 87th Terrace at the northern limit of the project site."<br></p> <figure><p><a href="https://archinect.gumlet.io/uploads/8f/8f0b0455caa51a53250b21b8ae951b23.jpg?auto=compress%2Cformat&amp;w=1028" target="_blank"><img src="https://archinect.gumlet.io/uploads/8f/8f0b0455caa51a53250b21b8ae951b23.jpg?auto=compress%2Cformat&amp;w=514"></a></p><figcaption>Photo: Douglas Friedman, image courtesy Eighty Seven Park.</figcaption></figure><p>"Reducing the footprint of...</p> https://archinect.com/news/article/150179417/check-out-newly-released-photos-of-zaha-hadid-s-one-thousand-museum-in-miami Check out newly released photos of Zaha Hadid's One Thousand Museum in Miami Katherine Guimapang 2020-01-20T12:24:00-05:00 >2024-03-15T01:45:58-04:00 <img src="https://archinect.gumlet.io/uploads/bd/bd34a32f71cefd8c86030fd39984fe9f.jpg?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><p><a href="https://archinect.com/news/tag/635183/one-thousand-museum" target="_blank">One Thousand Museum</a>, first-and-only residential tower designed by the late <a href="https://archinect.com/zaha-hadid" target="_blank">Zaha Hadid</a>&nbsp;in the Western Hemisphere, makes its debut in Miami's Museum Park this week.&nbsp;</p> <p>The residential tower stands prominently alongside neighboring condo towers and other notable Miami structures like the Miami World Center and the Patricia and Phillip Frost Museum of Science. Standing at 709 feet (216 meters), the 62-story tower's design reminds us of Hadid's love for combing angles with curves, and of her penchant for elegantly crafting buildings of massive scale. Yet, rather than merely highlighting the laundry list of superlative stats embodied by the project, let's appreciate the structure's design by working our way from its exterior to its interior.&nbsp;</p> Exterior Images <figure><p><a href="https://archinect.gumlet.io/uploads/8a/8a39bb5abf861d1ce877f2a20283f86f.jpg?auto=compress%2Cformat&amp;w=1028" target="_blank"><img src="https://archinect.gumlet.io/uploads/8a/8a39bb5abf861d1ce877f2a20283f86f.jpg?auto=compress%2Cformat&amp;w=514"></a></p><figcaption>Image &copy; Alena Graff</figcaption></figure><p>First, let's start with the structure. According to ZHA's project director&nbsp;<a href="https://www.zaha-hadid.com/design/1000-museum/" target="_blank">Chris Lepine in an interview with&nbsp;<em>Architect Magazine</em></a>, "the structure - which appears as if it were eroded form a solid - reads from top to bot...</p> https://archinect.com/news/article/150178228/shadow-inventory-of-new-manhattan-condos-could-take-years-to-sell-report-shows 'Shadow inventory' of new Manhattan condos could take years to sell, report shows Alexander Walter 2020-01-11T08:00:00-05:00 >2020-01-10T19:45:41-05:00 <img src="https://archinect.gumlet.io/uploads/f3/f3a869fd9d6012b582493f542afe7290.jpg?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><em><p>Manhattan is glutted with even more luxury condos than most apartment-shoppers realize. [...] The secret supply is a heavy weight on a market in which sales, especially of higher-end properties, have slowed to a crawl. It would take take 74 months -- more than 6 years -- to clear all of Manhattan&rsquo;s unsold units at the pace of contracts in 2019, the report shows.</p></em><br /><br /><p><em>Bloomberg</em> on how a vast "shadow inventory" of nearly 6,000 recently completed units puts added stress on Manhattan's slowing real estate market, especially in the higher-end segment.</p> <p>Related: <a href="https://archinect.com/news/article/150159853/condo-boom-hangover-more-than-a-quarter-of-nyc-s-new-units-remain-unsold" target="_blank">Condo-boom hangover: More than a quarter of NYC's new units remain unsold</a><br></p> https://archinect.com/news/article/150174008/a-closer-look-inside-renzo-piano-s-newly-completed-residential-tower-in-manhattan A closer look inside Renzo Piano's newly completed residential tower in Manhattan Justine Testado 2019-12-10T18:55:00-05:00 >2024-03-15T01:45:58-04:00 <img src="https://archinect.gumlet.io/uploads/18/18311f7aec32dbedfd0152cb6f8fdd29.jpg?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><p>A few weeks after <a href="https://archinect.com/firms/cover/341/renzo-piano-building-workshop" target="_blank">Renzo Piano</a> completed the high-end&nbsp;<a href="https://archinect.com/news/article/150171976/inside-renzo-piano-s-first-residential-tower-in-new-york-city" target="_blank">565 Broome SoHo</a>, more photos of the Italian architect's first residential project in New York City have been revealed. The luxury condominium building was developed by real estate firms Bizzi &amp; Partners Development, Aronov Development, and Halpern Real Estate Ventures, and Parisian practice Rena Dumas Architecture Interieure (RDAI) was in charge of the interiors. Renzo Piano Building Workshop collaborated with&nbsp;<a href="https://archinect.com/firms/cover/9432773/slce-architects" target="_blank">SLCE Architects</a>.</p> <figure><p><a href="https://archinect.gumlet.io/uploads/ea/ea6dfb4287b2cf08af23b126cb907043.jpg?auto=compress%2Cformat&amp;w=1028" target="_blank"><img src="https://archinect.gumlet.io/uploads/ea/ea6dfb4287b2cf08af23b126cb907043.jpg?auto=compress%2Cformat&amp;w=514"></a></p><figcaption>Photo: Adrian Gaut / Edge Reps.</figcaption></figure><figure><p><a href="https://archinect.gumlet.io/uploads/0f/0f416140ecaa0a960638d2e5d56cbac0.jpg?auto=compress%2Cformat&amp;w=1028" target="_blank"><img src="https://archinect.gumlet.io/uploads/0f/0f416140ecaa0a960638d2e5d56cbac0.jpg?auto=compress%2Cformat&amp;w=514"></a></p><figcaption>Photo: Adrian Gaut / Edge Reps.</figcaption></figure><figure><p><a href="https://archinect.gumlet.io/uploads/d1/d1b9d22cfd27f5c896562dc467e7c206.jpg?auto=compress%2Cformat&amp;w=1028" target="_blank"><img src="https://archinect.gumlet.io/uploads/d1/d1b9d22cfd27f5c896562dc467e7c206.jpg?auto=compress%2Cformat&amp;w=514"></a></p><figcaption>Photo: Adrian Gaut / Edge Reps.</figcaption></figure><p>According to Renzo Piano, the design of the 17,000-square-foot tower was &ldquo;shaped by light,&rdquo; which led him to create conjoined glass structures with curved corners and an exterior of &ldquo;low-iron&rdquo; reflective glass. Inside, the building contains 115 light-filled residential units&mdash;ranging from studios to four-bedroom condos&mdash;that maximize views of the city. For the interiors, RDAI wanted to deliver a cohesive design that pr...</p> https://archinect.com/news/article/150159853/condo-boom-hangover-more-than-a-quarter-of-nyc-s-new-units-remain-unsold Condo-boom hangover: More than a quarter of NYC's new units remain unsold Alexander Walter 2019-09-18T15:03:00-04:00 >2022-03-16T09:16:08-04:00 <img src="https://archinect.gumlet.io/uploads/f5/f51607592b1f3d986c4c4b900cff4006.jpg?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><em><p>Among the more than 16,200 condo units across 682 new buildings completed in New York City since 2013, one in four remain unsold, or roughly 4,100 apartments &mdash; most of them in luxury buildings, according to a new analysis by the listing website StreetEasy. [...] Already the prices at several new towers have been reduced, either directly or through concessions like waived common charges and transfer taxes, and some may soon be forced to cut deeper.</p></em><br /><br /><p>Despite <a href="https://archinect.com/news/article/150159552/world-s-tallest-residential-building-tops-out-in-new-york-city" target="_blank">record-breaking residential construction</a> in New York City, sales of apartments have <a href="https://archinect.com/news/article/150146867/nyc-apartment-sales-soften-as-rent-control-spooks-investors" target="_blank">slowed steadily</a> in recent years. <em><br></em></p> <p><em>NYT</em> real estate reporter Stefanos Chen has <a href="https://www.nytimes.com/2019/09/13/realestate/new-development-new-york.html" target="_blank">analyzed</a> the latest numbers of unsold units, especially in the higher price ranges, following a glut of inventory in newly completed buildings.<br></p> <p>"Moreover, a growing share of condos sold in recent years have been quietly re-listed as rentals by investors who bought them and are reluctant to put them back on the market," Chen writes. "Of the 12,133 new condos sold between January 2013 and August 2019, 38 percent have appeared on StreetEasy as rentals."</p> https://archinect.com/news/article/150159552/world-s-tallest-residential-building-tops-out-in-new-york-city World's tallest residential building tops out in New York City Antonio Pacheco 2019-09-17T13:15:00-04:00 >2024-03-15T01:45:58-04:00 <img src="https://archinect.gumlet.io/uploads/5c/5c25d90aab10a034ece2add3db1f8cd7.jpg?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><p>The Central Park Tower, <a href="http://smithgill.com/team/partner/gordon_gill/" target="_blank">Adrain Smith + Gordon Gill</a>'s 1,550-foot supertall tower in New York City, has topped out.&nbsp;</p> <p>The 131-floor, 179-unit complex, created for developer <a href="https://archinect.com/firms/cover/55051476/extell-development-company" target="_blank">Extell</a>, now reigns as the tallest residential building in the world, New York Yimby <a href="https://newyorkyimby.com/2019/09/central-park-tower-officially-tops-out-1550-feet-above-midtown-becoming-worlds-tallest-residential-building.html" target="_blank">reports</a>. Wrapped in rippled floor-to-ceiling&nbsp;blue-glass curtain walls, the tower is one of several new supertall structures currently under construction at the southern end of Central Park.&nbsp;</p> <figure><p><a href="https://archinect.gumlet.io/uploads/69/69a1d7f439bcc495211aa297f638b716.jpg?auto=compress%2Cformat&amp;w=1028" target="_blank"><img src="https://archinect.gumlet.io/uploads/69/69a1d7f439bcc495211aa297f638b716.jpg?auto=compress%2Cformat&amp;w=514"></a></p><figcaption>Ground-level view of 217 West 57th Street. Image courtesy of Adrian Smith + Gordon Gill.</figcaption></figure><p>Neighbors include <a href="https://archinect.com/news/article/150159324/construction-on-kpf-s-one-vanderbilt-reaches-top-of-supertall-crown" target="_blank">KPF's 1,401-foot One Vanderbilt tower</a>,&nbsp;the SHoP Architects-designed 1,066-foot 111 West 57th tower,&nbsp;and Jean Nouvel's 1,050-foot 53W53 tower.&nbsp;</p> <p>When completed, the Central Park Tower will include a triplex penthouse totaling more than 17,000-square-feet in size. The base of the building will be occupied by a 320,000-square-foot Nordstrom flagship store that will occupy seven levels. Floors eight through eighteen of the tower will house the bui...</p> https://archinect.com/news/article/150145246/one-thousand-museum-zaha-hadid-s-luxury-condo-tower-opens-in-miami One Thousand Museum: Zaha Hadid's luxury condo tower opens in Miami Alexander Walter 2019-07-09T15:35:00-04:00 >2024-03-15T01:45:58-04:00 <img src="https://archinect.gumlet.io/uploads/02/025ae128b61338ef5c9d43225d824cfa.jpg?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><em><p>One Thousand Museum Residences, the Zaha Hadid-designed skyscraper in downtown Miami, received its temporary certificate of occupancy and will begin closings as early as next week [...] Developers Louis Birdman, Gilberto Bomeny, Gregg Covin and Kevin Venger, along with the late Zaha Hadid, broke ground on the 62-story, 84-unit luxury condo tower at 1000 Biscayne Boulevard in December 2014.</p></em><br /><br /><p>The 216 m/709 ft tower with its recognizable external structure in Miami's Museum Park was the first and final residential project in the United States designed by the late Zaha Hadid. <a href="https://archinect.com/news/article/134269190/construction-begins-on-zaha-hadid-s-luxe-new-one-thousand-museum-in-miami" target="_blank">Vertical construction began</a> in 2015.<br></p> <figure><p><a href="https://archinect.gumlet.io/uploads/9a/9aa3be1329c27b9c06ed96a614935814.jpg?auto=compress%2Cformat&amp;w=1028" target="_blank"><img src="https://archinect.gumlet.io/uploads/9a/9aa3be1329c27b9c06ed96a614935814.jpg?auto=compress%2Cformat&amp;w=514"></a></p><figcaption>Interior shot of a finished residence. Photo: Robin Hill, courtesy One Thousand Museum</figcaption></figure><p>The property, which just received its Temporary Certificate of Occupancy from the City of Miami, hosts a number of swanky amenities, and apartments don't come cheap. <br></p> <p>"Half-floor units start at $5.8 million and full-floor residences go up to more than $24 million," reports <em>The Real Deal</em>.<br></p> https://archinect.com/news/article/150140866/hudson-yards-and-stern-designed-towers-dominate-nyc-s-ultraluxury-real-estate-sales Hudson Yards and Stern-designed towers dominate NYC's ultraluxury real estate sales Alexander Walter 2019-06-11T14:03:00-04:00 >2022-04-28T19:57:31-04:00 <img src="https://archinect.gumlet.io/uploads/7f/7ffc9416c600da858362ba979a0c70ce.jpg?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><em><p>Manhattan&rsquo;s latest crop of new luxury developments continues to attract a steady stream of buyers. At the ultra-pricey 220 Central Park South in Midtown, the grand limestone skyscraper designed by Robert A.M. Stern Architects, four more units officially sold, including New York City&rsquo;s most expensive closing in May: a three-bedroom aerie for nearly $26.5 million.</p></em><br /><br /><p>The <em>NYT</em>'s Vivian Marino provides an update on the biggest recent luxury real estate transactions in New York City with notably pricey purchases at <a href="https://archinect.com/firms/cover/33199/robert-a-m-stern-architects" rel="nofollow" target="_blank">Robert A.M. Stern</a>'s <a href="https://archinect.com/news/tag/611147/220-central-park-south" rel="nofollow" target="_blank">220 Central Park South</a> and 250 West 81st Street towers and also at the newly opened <a href="https://archinect.com/news/tag/53803/hudson-yards" rel="nofollow" target="_blank">Hudson Yards</a> mammoth development.&nbsp;</p> <p>"Philip I. Kent, the former chief executive of Turner Broadcasting System, was one of the many buyers at 15 Hudson Yards, the megaproject&rsquo;s first residential tower. (Oh, and the architect who helped design that building also bought an apartment &mdash; in Greenpoint, Brooklyn.)," writes Marino.<br></p> https://archinect.com/news/article/150127973/sales-of-high-line-condos-at-zaha-hadid-s-520-west-28th-street-sluggish Sales of High Line condos at Zaha Hadid's 520 West 28th Street sluggish Alexander Walter 2019-03-22T13:58:00-04:00 >2024-03-15T01:45:58-04:00 <img src="https://archinect.gumlet.io/uploads/2b/2bc5ea0058916404d8926b750c77f706.jpg?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><em><p>The high-end condo building at 520 W. 28th St. along the High Line that the company completed roughly two years ago appears so far to be a rare bust. According to property records, only 16 of the building's 39 units have sold, a roughly 40% sell through that shrinks to an even smaller percentage when measured by square footage. That's because the building's largest and most expensive apartments, including its three penthouse units, all remain unsold.</p></em><br /><br /><figure><p><a href="https://archinect.gumlet.io/uploads/b3/b3099a7e2862d857577c5bc546b1c05a.jpg?auto=compress%2Cformat&amp;w=1028" rel="nofollow" target="_blank"><img src="https://archinect.gumlet.io/uploads/b3/b3099a7e2862d857577c5bc546b1c05a.jpg?auto=compress%2Cformat&amp;w=514"></a></p><figcaption>How 'bout this one? Nothing? Photo: Hufton+Crow.</figcaption></figure> https://archinect.com/news/article/150125140/take-a-look-at-new-renderings-of-35-hudson-yards-ahead-of-sales-launch-apartments-starting-at-5-million Take a look at new renderings of 35 Hudson Yards ahead of sales launch (apartments starting at $5 million) Alexander Walter 2019-03-06T13:46:00-05:00 >2024-03-15T01:45:58-04:00 <img src="https://archinect.gumlet.io/uploads/af/af1befc3e125028beba5cb3f5b5d602f.jpg?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><em><p>New details and renderings have been released for 35 Hudson Yards, set to be the tallest residential tower in the Hudson Yards neighborhood at over 1,000 feet. The boutique apartments come with a wide array of in-house lifestyle services, some provided by the Equinox Hotel, which is part of the development. David Childs and Skidmore Owings &amp; Merrill are the architects, while interior design is being led by Tony Ingrao.</p></em><br /><br /><p>To make <a href="https://archinect.com/news/tag/1156058/35-hudson-yards" rel="nofollow" target="_blank">35 Hudson Yards</a> your new home address, be prepared to open the checkbook extra wide &mdash; two-bedroom condos start at $5 million, while the average unit of the overall 134 apartments will set you back $11 million ($4,100 per square foot). The three penthouses have yet to be priced, <a href="https://www.nytimes.com/2019/02/28/realestate/an-upscale-condo-for-hudson-yards.html" rel="nofollow" target="_blank">reports</a> the <em>New York Times</em>.<br></p> <figure><p><a href="https://archinect.gumlet.io/uploads/5d/5db42390893c6ce1357e844394560677.jpg?auto=compress%2Cformat&amp;w=1028" rel="nofollow" target="_blank"><img src="https://archinect.gumlet.io/uploads/5d/5db42390893c6ce1357e844394560677.jpg?auto=compress%2Cformat&amp;w=514"></a></p><figcaption>Image: Related-Oxford</figcaption></figure><figure><p><a href="https://archinect.gumlet.io/uploads/bd/bd0f6f878ad53ed8e1d9da8255142aeb.jpg?auto=compress%2Cformat&amp;w=1028" rel="nofollow" target="_blank"><img src="https://archinect.gumlet.io/uploads/bd/bd0f6f878ad53ed8e1d9da8255142aeb.jpg?auto=compress%2Cformat&amp;w=514"></a></p><figcaption>Image: Related-Oxford</figcaption></figure><p>"35 Hudson Yards offers a collection of 143 two- to six-bedroom condominium residences starting on the 53rd floor with sweeping, panoramic views of the Hudson River, Manhattan skyline, the Hudson Yards Public Square and Gardens, and its centerpiece temporarily named Vessel," reveals the <a href="https://www.related.com/press-releases/2019-03-04/hudson-yards-unveils-neighborhoods-highest-residences-boutique-offering" rel="nofollow" target="_blank">announcement</a> from developers Related Companies.</p> <figure><p><a href="https://archinect.gumlet.io/uploads/a2/a2e2de43e6c93a0626aa2914eb54e1f5.jpg?auto=compress%2Cformat&amp;w=1028" rel="nofollow" target="_blank"><img src="https://archinect.gumlet.io/uploads/a2/a2e2de43e6c93a0626aa2914eb54e1f5.jpg?auto=compress%2Cformat&amp;w=514"></a></p><figcaption>Image: Related-Oxford</figcaption></figure><figure><p><a href="https://archinect.gumlet.io/uploads/06/06fafc73d1e397090ec7d27da8d1f222.jpg?auto=compress%2Cformat&amp;w=1028" rel="nofollow" target="_blank"><img src="https://archinect.gumlet.io/uploads/06/06fafc73d1e397090ec7d27da8d1f222.jpg?auto=compress%2Cformat&amp;w=514"></a></p><figcaption>Image: Related-Oxford</figcaption></figure><p>"Our tower, 35 Hudson Yards, with its combination of retail, office, hotel and residential uses, is a city within <a href="https://archinect.com/news/tag/53803/hudson-yards" rel="nofollow" target="_blank">Hudson Yards</a>, exactly in the way Hudson Yards itself is a full mixed-use city within Manhattan," said architect David Childs.</p> <figure><p><a href="https://archinect.gumlet.io/uploads/79/7953c3b205ed6444f0798e37fac8872c.jpg?auto=compress%2Cformat&amp;w=1028" rel="nofollow" target="_blank"><img src="https://archinect.gumlet.io/uploads/79/7953c3b205ed6444f0798e37fac8872c.jpg?auto=compress%2Cformat&amp;w=514"></a></p><figcaption>Image: Related-Oxford</figcaption></figure><p>C...</p> https://archinect.com/news/article/150120678/form-follows-finance-nyc-s-pencil-towers-for-the-ultrawealthy Form follows finance: NYC's pencil towers for the ultrawealthy Alexander Walter 2019-02-07T14:28:00-05:00 >2024-03-15T01:45:58-04:00 <img src="https://archinect.gumlet.io/uploads/94/94253d56f2cb66289eb412f58fbfb236.jpg?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><em><p>Any visitor to New York over the past few years will have witnessed this curious new breed of pencil-thin tower. Poking up above the Manhattan skyline like etiolated beanpoles, they seem to defy the laws of both gravity and commercial sense. They stand like naked elevator shafts awaiting their floors, raw extrusions of capital piled up until it hits the clouds.</p></em><br /><br /><p>In his latest long-form piece, <em>The Guardian</em> architecture critic Oliver Wainwright shows how the advent of the new 'pencil tower' building type is rapidly transforming New York City's skyline, digs in the history of zoning laws, and explains how "air rights" allow (an abundance of) cash to buy a piece of the Manhattan sky.<br></p> <figure><p><a href="https://archinect.gumlet.io/uploads/ac/aca3fc7019bb65059de4fa7272e3d780.jpg?auto=compress%2Cformat&amp;w=1028" rel="nofollow" target="_blank"><img src="https://archinect.gumlet.io/uploads/ac/aca3fc7019bb65059de4fa7272e3d780.jpg?auto=compress%2Cformat&amp;w=514"></a></p><figcaption>Photo: Maciek Lulko/Flickr</figcaption></figure><p>"Like leggy plants given too much fertiliser, these buildings are a symptom of a city irrigated with too much money," writes Wainwright. "The world&rsquo;s population of ultra-high-net-worth individuals, a super-elite with assets of at least $30m, has now mushroomed beyond 250,000 people, all in need of somewhere to store their wealth. More than a third of them are based in North America, while those from riskier economic climes favour New York real estate as one of the safest places to park their cash."</p> https://archinect.com/news/article/150118742/megapenthouse-at-stern-designed-220-central-park-south-sells-for-238m-now-the-most-expensive-home-sold-in-the-u-s Megapenthouse at Stern-designed 220 Central Park South sells for $238M, now the most expensive home sold in the U.S. Alexander Walter 2019-01-25T15:45:00-05:00 >2024-03-15T01:45:58-04:00 <img src="https://archinect.gumlet.io/uploads/68/68e20c490c5d487d848a1ccfa4023f21.jpg?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><em><p>Hedge funder Ken Griffin has closed on a massive penthouse at 220 Central Park South, paying a record-shattering $238 million, according to sources familiar with the deal. The Citadel founder has long been rumored as the buyer of the condominium&rsquo;s most lavish spread &mdash; a 23,000-square-foot quadplex encompassing the 50th through 53rd floors of the limestone tower, developed by Vornado Realty Trust and designed by Robert A.M. Stern. The asking price was $250 million.</p></em><br /><br /><p>After Ken Griffin dropped a sweet quarter billion on his <a href="https://archinect.com/news/tag/611147/220-central-park-south" rel="nofollow" target="_blank">new NYC digs</a>, he didn't appear entirely penniless and recently secured a few other neat places to crash when traveling to London, Chicago, or Miami. "Earlier this week, he reportedly scooped up a house in London for around $122 million," reports <em><a href="https://therealdeal.com/2019/01/23/ken-griffin-pays-238m-for-220-cps-penthouse-setting-record-for-priciest-us-home/" rel="nofollow" target="_blank">The Real Deal</a></em>. "In 2017, he shelled out $58.75 million for several floors of No. 9 Walton, a condominium in Chicago, and in 2015, set a record in Miami be shelling out $60 million for a penthouse at Faena House."</p> <figure><p><a href="https://archinect.gumlet.io/uploads/4d/4d810c5acd25dc9cd2ee508792f11972.jpg?auto=compress%2Cformat&amp;w=1028" rel="nofollow" target="_blank"><img src="https://archinect.gumlet.io/uploads/4d/4d810c5acd25dc9cd2ee508792f11972.jpg?auto=compress%2Cformat&amp;w=514"></a></p></figure> https://archinect.com/news/article/150054925/luxury-apartment-towers-aren-t-just-for-nyc Luxury apartment towers aren't just for NYC Hope Daley 2018-03-16T19:58:00-04:00 >2024-03-15T01:45:58-04:00 <img src="https://archinect.gumlet.io/uploads/1z/1zqp74gd12dcpg8r.jpg?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><em><p>The Manhattan skyline is one of the world&rsquo;s most iconic, but it wouldn&rsquo;t be complete without the city&rsquo;s famed residential supertalls. Luxury buildings like&nbsp;432 Park Ave and One57 have set a high bar in the era of tower living, but the past decade has seen the vertical lifestyle catching on across the globe&mdash;from Boston to Monaco to New Orleans.</p></em><br /><br /><p>Check out these luxury residential skyscrapers outside of NYC:</p> <p><strong>Boston, MA</strong></p> <p>Designed by <a href="https://archinect.com/firms/cover/776/kohn-pedersen-fox-associates" rel="nofollow" target="_blank">Kohn Pedersen Fox</a>, Echelon Seaport is Boston's latest project located in the Seaport District. This new luxury condo and apartment development is currently under construction with a completion date of 2020.&nbsp;</p> <figure><p><a href="https://archinect.gumlet.io/uploads/hr/hr6n541jm8cqoqoz.jpg?auto=compress%2Cformat&amp;w=1028" rel="nofollow" target="_blank"><img src="https://archinect.gumlet.io/uploads/hr/hr6n541jm8cqoqoz.jpg?auto=compress%2Cformat&amp;w=514"></a></p><figcaption>Echelon Seaport by Image: Warren Residential. </figcaption></figure><p><strong>San Francisco, CA</strong><br></p> <p>181 Fremont Street&nbsp;was designed by Heller Manus Architects with interiors by&nbsp;Orlando Diaz-Azcuy. Reaching 70-stories high it is the tallest residential building in San Francisco. Prices range from $3.24 million to $42 million for an enormous penthouse.<br></p> <figure><p><a href="https://archinect.gumlet.io/uploads/si/si2k5dtdyi2z831j.jpg?auto=compress%2Cformat&amp;w=1028" rel="nofollow" target="_blank"><img src="https://archinect.gumlet.io/uploads/si/si2k5dtdyi2z831j.jpg?auto=compress%2Cformat&amp;w=514"></a></p><figcaption>181 Fremont Street by Heller Manus Architects, located in San Francisco. Image: 181 Fremont. </figcaption></figure><p><strong>Monaco&nbsp;</strong></p> <p>Designed by architect Alexandre Giraldi with&nbsp;interior designer Alberto Pinto, Tour Od&eacute;on is&nbsp;the tallest building in the city-state. It is also home to the&nbsp;world&rsquo;s most expensive apartment, a&nbsp;$335 million penthouse that takes up the top five floors of the tower.<br></p> <figure><p><a href="https://archinect.gumlet.io/uploads/6o/6oon8w27d9qi9p3b.jpg?auto=compress%2Cformat&amp;w=1028" rel="nofollow" target="_blank"><img src="https://archinect.gumlet.io/uploads/6o/6oon8w27d9qi9p3b.jpg?auto=compress%2Cformat&amp;w=514"></a></p><figcaption>Tour Od&eacute;on by architect...</figcaption></figure> https://archinect.com/news/article/150052210/new-interior-renderings-revealed-of-aston-martin-s-luxury-apartment-tower-in-miami New interior renderings revealed of Aston Martin's luxury apartment tower in Miami Alexander Walter 2018-02-28T14:07:00-05:00 >2024-03-15T01:45:58-04:00 <img src="https://archinect.gumlet.io/uploads/2x/2xvv2d6pprkkjzf1.jpg?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><em><p>After breaking ground on its first-ever real estate project last fall (the aptly named Aston Martin Residences in downtown Miami), British automaker Aston Martin has unveiled never-before-seen renderings of the building&rsquo;s amenity spaces.</p></em><br /><br /><p>Aston Martin's first venture into branded luxury real estate <a href="https://archinect.com/news/article/150034701/aston-martin-breaks-ground-on-their-first-luxury-apartment-tower-in-miami" rel="nofollow" target="_blank">broke ground</a> in Downtown Miami last fall and is expected to welcome its deep-pocketed residents in 2021.&nbsp;Until then, check out these new renderings of some of the amenities at the <a href="https://archinect.com/news/tag/1102387/aston-martin-residences" rel="nofollow" target="_blank">Aston Martin Residences</a> tower.</p> <figure><p><a href="https://archinect.gumlet.io/uploads/l8/l8ugrci8vudfdna8.jpg?auto=compress%2Cformat&amp;w=1028" rel="nofollow" target="_blank"><img src="https://archinect.gumlet.io/uploads/l8/l8ugrci8vudfdna8.jpg?auto=compress%2Cformat&amp;w=514"></a></p><figcaption>Aston Martin Residences/G&amp;G Business Developments</figcaption></figure><figure><p><a href="https://archinect.gumlet.io/uploads/9i/9ilx88oxugubglfh.jpg?auto=compress%2Cformat&amp;w=1028" rel="nofollow" target="_blank"><img src="https://archinect.gumlet.io/uploads/9i/9ilx88oxugubglfh.jpg?auto=compress%2Cformat&amp;w=514"></a></p><figcaption>Aston Martin Residences/G&amp;G Business Developments</figcaption></figure><figure><p><a href="https://archinect.gumlet.io/uploads/8v/8v7nx5jxfarp0h1q.jpg?auto=compress%2Cformat&amp;w=1028" rel="nofollow" target="_blank"><img src="https://archinect.gumlet.io/uploads/8v/8v7nx5jxfarp0h1q.jpg?auto=compress%2Cformat&amp;w=514"></a></p><figcaption>Aston Martin Residences/G&amp;G Business Developments</figcaption></figure><p>"The newly released renderings reveal common areas with floor-to-ceiling walls of glass that overlook the water, floating staircases that connect the floors, and whimsical light fixtures," explains the marketing material. "In the gym, walls of glass look out to the water so residents can exercise while enjoying a stunning view; in the lobbies, neutral-hued furniture creates an inviting environment."<br></p> https://archinect.com/news/article/150037061/unstudio-s-canaletto-tower-along-nine-acre-city-road-canal-basin-completes UNStudio's Canaletto Tower along nine-acre City Road canal basin completes Mackenzie Goldberg 2017-11-08T17:19:00-05:00 >2024-03-15T01:45:58-04:00 <img src="https://archinect.gumlet.io/uploads/01/014ln7nm1ob6vjfc.jpg?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><p>Named after the 18th century Italian painter whose most famous works depict lavish celebrations on the canals of his native Venice, Canaletto&mdash;the 31-story tower designed by Amsterdam's UNStudio&mdash;offers luxury, waterside living next to City Road canal basin in central London.&nbsp;</p> <figure><img src="https://archinect.gumlet.io/uploads/y2/y2i0r2pmzi41nd39.jpg"><figcaption>&copy; Hufton+Crow.</figcaption></figure><p>The basin is part of the Regent's Canal in London, which has recently undergone a wave of redevelopment as&nbsp;industrial-age structures are transformed into new homes and&nbsp;waterfront apartments and loft-style workspaces begin to spring up. Marginally cheaper than a view of the Thames, the nine-acre City Road Basin, in particular, is regenerating into a&nbsp;landscaped new quarter with businesses, leisure space, marina and boat club, and 900 homes, of which Canaletto will be providing 190.</p> <figure><p><a href="https://archinect.gumlet.io/uploads/rj/rjz7trw4ri26z3xk.jpg?auto=compress%2Cformat&amp;w=1028" rel="nofollow" target="_blank"><img src="https://archinect.gumlet.io/uploads/rj/rjz7trw4ri26z3xk.jpg?auto=compress%2Cformat&amp;w=514"></a></p><figcaption>&copy; Hufton+Crow.</figcaption></figure><figure><p><a href="https://archinect.gumlet.io/uploads/nq/nq0cshf1anrblk9n.jpg?auto=compress%2Cformat&amp;w=1028" rel="nofollow" target="_blank"><img src="https://archinect.gumlet.io/uploads/nq/nq0cshf1anrblk9n.jpg?auto=compress%2Cformat&amp;w=514"></a></p><figcaption>&copy; Eva Bloem.</figcaption></figure><p>Units in the recently completed tower range in price from &pound;475,000 for studios to &pound;660,000 for one-bedroom units and &pound;790,000 for two-bedroom units. 3 bedroom apartments start at&nbsp;&pound;3.2 million and ...</p> https://archinect.com/news/article/150034701/aston-martin-breaks-ground-on-their-first-luxury-apartment-tower-in-miami Aston Martin breaks ground on their first luxury apartment tower in Miami Justine Testado 2017-10-23T14:59:00-04:00 >2017-10-23T15:00:44-04:00 <img src="https://archinect.gumlet.io/uploads/m1/m1kqgecccr9a240x.jpg?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><em><p>The condo venture is just one of the ways in which [Aston Martin] is diversifying into a general luxury brand, rather than just a car company...The 391 condos will sell for between $600,000 and $50 million, and include seven penthouses and a duplex penthouse with private pools. There will also be a spa, cinemas, and a virtual golf room, as well as direct access to a yacht marina. You get the picture.</p></em><br /><br /><p>From $4 million submarines to $4,000 baby strollers, luxury automaker Aston Martin is expanding their brand. Their latest venture is the <a href="http://astonmartinresidences.com/" rel="nofollow" target="_blank">Aston Martin Residences</a>, a sail-shaped, 66-story apartment tower that broke ground in downtown Miami last week. Completion of the tower is currently slated for 2021.</p>