The trend began a decade ago, when apartments in two towers on New York's Perry Street were snapped up by buyers like Calvin Klein and Martha Stewart.
"When Perry Street was sold, your name was kind of on the marquee," said Mason.
"That's right, for better or worse," laughed Pritzker Prize-winning architect Richard Meier. He is now working on a new high-end project on the ocean in Miami Beach. — CBS News
What used to be the fortress of the family and the individual is now a marketable asset in the economy, which leads to wonder whether the online marketplace for short-term lodging hasn't changed the home for good. [...]
The AIRBNB Pavilion critically engages with the corporations owning the means of our identity, providing the infrastructure for our everyday lives and redefining the private realm and national borders. — AIRBNB Pavilion
Initiated independently from the Venice Biennale, a concurrent exhibition known as the "AIRBNB Pavilion" will occur in the homes of neighboring Venetians from June 4th to 6th, during the Biennale's opening week. While not apparently affiliated (officially speaking) with Airbnb, the Pavilion means...
In 2010, Nick Williams oversaw construction of luxury apartments at London’s One Hyde Park, where a penthouse valued at 175 million pounds ($297 million) sold last month.
Now he works at the other end of the property ladder, building discounted homes for those shut out of the boom.
Local officials have “realized the housing crisis for people who are neither rich nor poor is massive [...]” — bloomberg.com
One problem with our obsession with gentrification as the end-all of urban equity issues is that it discourages us from talking about other important things happening in our cities. In some instances, gentrification has become such a dominating narrative that it has completely erased broader trends that we really ought to be concerned about.
Case in point: Brooklyn is getting poorer. — danielkayhertz.com
A special construction material keeps concrete whiter than white. — CNN
All-cash deals hit a record 43% of home sales during the first three months of 2014, according to RealtyTrac. That's up from 19% a year earlier and the highest level reported since RealtyTrac began tracking the deals in early 2011.
The jump is due to two main factors: strict lending standards that make it difficult to get a mortgage and intense buyer competition. — CNNMoney
At a meeting of the County Legislature on May 1, Kaufman offered to purchase the Rudolph building, which has been closed since 2011, and convert it to private use, perhaps as artists’ studios. Kaufman, who bought Gwathmey Siegel & Associates in 2011... and now calls his firm Gwathmey Siegel Kaufman & Associates Architects, wants to design a new government building adjacent to the Rudolph masterpiece, completed in 1970 on Main Street in Goshen, New York. — archrecord.construction.com
Yet uniqueness is the goal of city branding, which during the past few years has grown into a global industry connected to tourism and the media-sports-and-entertainment complex. Originally a promotional scheme meant to lure new residents, city branding is now a slogan tied to a public relations campaign to make the places where we live into “destinations”. As always with branding, image is everything. — theguardian.com
“Any time you post an ad for an unpaid internship, you’re writing ‘Poor people need not apply’ in big letters at the top,” says Mikey Franklin, founder of the Fair Pay Campaign to end unpaid internships.
If the fairness argument hasn’t been persuasive, the threat of lawsuits has been. Magazine publisher Condé Nast just settled a suit brought by some of its former unpaid interns. Rather than start paying, the company shut down its internship program altogether. — marketplace.org
That's because, as the economists Richard Koo and Masaya Sasaki show in a report, 15 years after being built the average house is worth nothing. [...] "It's not environmentally sustainable but also not financially sustainable. People work very hard to pay off a mortgage that's ultimately worth zero."
[...] It has also produced a huge number of architects, who are kept busy by buyers wanting a new house that reflects their lifestyle. — theguardian.com
Architect Richard Meier's new residential building will feature his signature jutting planes and surfaces carved from white steel and glass. The 37 apartments, starting at about $2 million, are 73% sold even though ground won't be broken until June. The project, named Vitrvm, and the buzz surrounding it, is what you might expect from the designer of L.A.'s Getty Center except for one thing: It is in Bogotá, Colombia. — The Wall Street Journal
Affordable housing is on New York City’s mind. A critical mass of civic organizations, academic institutions, city agencies, advocacy groups, and others are pondering the essential and perennial issue of how to ensure that the city becomes affordable for the extraordinarily diverse population that makes it work. [...]
At the same time, a decades-old strategy to maintain housing affordability is finding a groundswell of support from an increasingly diverse group of stakeholders. — urbanomnibus.net
A community land trust (CLT) is an alternative model that separates the ownership of property from the ownership of the land on which that property is built. In effect, organized citizens remove land from the private, speculative market where its value is difficult to control.
Zaha Hadid says it's not her job to pay attention to how many migrant workers die in the construction of her World Cup stadium. We asked four top architects--Bjarke Ingels, Liz Diller, Clive Wilkinson, and Curtis Fentress--how morality fits into the process of accepting or rejecting a commission. — fastcodesign.com
[Santa Monica will] be able to offer its residents real net neutrality, which the [FCC] is working on rolling back for just about everyone else in the US. [...]
Santa Monica has cleverly and quietly been installing its own network of city-owned fiber-optic cables for years, and they intend to keep the net neutral. [...]
Santa Monica has also made about $5 million providing internet service and leasing out the cables to other providers, and their competition has driven down rates. — la.curbed.com
The Federal Communications Commission recently proposed that internet service providers (like Verizon, AT&T, and Time Warner Cable) should be able to charge companies extra for faster service -- so for example, Netflix could pay AT&T more to ensure faster download speeds for its viewers...
News Dave Heller spoke with Inga Saffron about not just architecture but "city life criticism". Evan Chakroff asked for tips "Has anyone compiled a good 'top ten' of her articles?" Quondam replied "Links to Saffron's articles appear almost weekly within ArchNewsNow's daily collection of...
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