RFR plans to spend $250 million on Manhattan land purchases, up to $500 million on office building deals and $100 million to $150 million more on retailing properties — all before the end of the year. [...]
Perhaps the most under-the-radar purchase was 190 Bowery... Developers have been trying for years to buy the six-story Renaissance Revival structure, which appears abandoned, with blocked-off doorways, boarded-up windows and graffiti covering nearly all of the lower facade. — nytimes.com
190 Bowery is a mystery: a graffiti-covered Gilded Age relic, with a beat-up wooden door that looks like it hasn’t been opened since La Guardia was mayor. [...]
With the Bowery Hotel and the New Museum, the Rogan and John Varvatos boutiques, 190 is now an anomaly, not the norm. Why isn’t some developer turning it into luxury condos?
Because Jay Maisel, the photographer who bought it 42 years ago for $102,000, still lives there, with his wife, Linda Adam Maisel, and daughter, Amanda. — New York Magazine
Charles Chawalko, a recent graduate of Parsons’ Design & Urban Ecologies program, is a resident of Southbridge Towers, a 1,651-unit development that remains in the program. But as he explains below, his cooperative is in the midst of a decision over whether it will join the majority of Mitchell-Lama buildings and leave. To residents of Southbridge Towers, the vote over whether to opt out of Mitchell-Lama transcends the citywide conversation on affordable housing [...]. — urbanomnibus.net
The latest entry in the Showcase: series featured Barkow Leibinger's Stadthaus M1, located in the "sustainable model district" of Vauban in the already so-called "green city" of Freiburg. Plus, Nicholas Korody looked at Factory Berlin, a "start-up campus" hosted by Google, built on a site where...
Cummins Inc. announced Tuesday morning that it has selected New York-based Deborah Berke Partners to design its global distribution headquarters in downtown Indianapolis. — Indianapolis Business Journal
Cummins Inc. has an important history of working with significant architects in Columbus, Indiana, the small Midwestern city where it is located. In selecting Deborah Berke Partners for its new global headquarters in downtown Indianapolis the company commits to fostering excellent design in the...
IKEA has a little known secret: the company is a non-profit. Ingvar Kamprad the founder of IKEA created the philanthropic Stichting Ingka Foundation whose mission is to “further the advancement of interior design.” IKEA’s bizarre business model looks like this: the nonprofit Stichting Ingka owns a private Dutch Company, Ingka Holdings that owns the majority of individual stores at the franchise level. — onlinemba.com
The weeks and months of billable hours and protracted talks can translate to an economic lift for a host city catering to out-of-town investors and their lawyers and support staff, making municipalities worldwide eager to woo bickering parties [...] International locales like London and Paris traditionally have been favored — as well as centers of commerce like Hong Kong and Singapore for Asian disputes — but parties can agree to settle matters elsewhere. — NY Times
Software companies don’t usually go around buying architecture and design firms, but The Living isn’t your typical beards-and-Blue-Bottle band of architects. The 7-person shop in the Brooklyn Navy Yard was acquired earlier this year for a small, undisclosed price by design and engineering software maker Autodesk. The reason: The Living’s expertise in blending all that’s new in materials, 3-D printing and more arcane new fields such as biological manufacturing and algorithmic design. — forbes.com
Friday, September 5:Beijing public transit commuters can now pay fares with empty bottles: Beijingers can insert a recyclable bottle and receive equivalent rebates in train fares or mobile phone credits.Community Bus Stops Transform Brazil: Thousands of Brazil's bus stops are unmarked, leading...
“It’s not rare for us to go and try to make sure that no one buys the house of someone who’s facing foreclosure,” says Rob Call, an organizer for Occupy Our Homes Atlanta (OOHA). In Georgia, houses are publicly auctioned every first Tuesday of the month on each county courthouse’s steps. "[...] these auctions were mostly vacant. No one was really trying to go after these homes, but then they were [suddenly] swamped with people bidding up houses with quick access to sizable cashier’s checks.” — nextcity.org
“The first thing is to find the identity of Seoul,” he says. “Seoul was created very differently from western cities, with special theories of feng shui and Confucianism, and we kept that for 600 years. We didn’t change anything – even under Japanese colonialism, that was kept. But since the 1960s, under American influence, it has changed very much.”
If Seung has his way, the days of skyscrapers springing up in central Seoul would come to an end. — ft.com
In what is being described as "a strategic alliance to collaborate to transform the construction industry" software company Trimble has acquired Gehry Technologies. The alliance will offer other architects and designers use of the technology to collaborate on projects more efficiently.Press...
“This is a mistake,” said David Rothman, 55, who moved to Crested Butte 20 years ago, of the decision to let Anheuser-Busch take over the town to film a beer commercial. “Frankly, it’s vulgar and it’s cheap.”
On Friday, the company will fly in 1,000 young adults for a weekend of spring-break-style revelry, a stunt designed to publicize Bud Light. [...]
“This town is already built for this exact type of event,” said Nick Kelly, a spokesman for Anheuser-Busch. — nytimes.com
A couple remarkable gems from the story:Party participants were selected from a pool of more than 150,000 people who submitted videos to Anheuser-Busch demonstrating that they were “up for whatever.”A bridge welcoming visitors to “Whatever, U.S.A.” went up over Elk Avenue, right next to...
Sean Smith published the first in a series of articles in which "three architects (two designers and one licensed architect) discuss their transition from student to professional, their changed perceptions of the career and the challenges and joys of their current work". The interview with...
The National Council of Architectural Registration Boards (NCARB) convened its new Future Title Task Force, which is comprised of interns and architects from across the country, to discuss the profession’s title debate. The task force is charged with discussing the terminology used for those who are candidates for licensure and those who are architects. — NCARB
The word "intern" contains a minefield of professional connotations. The job-title is often associated with a position that is unpaid, undervalued, or disposable, flying in the face of employment laws and professional ethics. And in some ways, it's no different in the architecture industry: it's...
SUBMIT NEWS: submit in 60 seconds!