A new development, 42 Crosby Street, is pushing the limits of New York City real estate to new heights with 10 underground parking spots that will cost more per square foot than the apartments being sold upstairs.
At $250,000 a tire, the parking spaces in the underground garage cost more than four times the national median sales price for a home, which is $217,800, according to Zillow. — New York Times
Earlier this week, we featured the urban square design GENK C-m!ne by Dutch landscape and urban design firm HOSPER. Here's another project by them we really enjoyed: an almost 8,000 square foot ornamental pond on top of an underground parking garage which rivals any James Bond supervillan lair. The fascinating garage entrance, which has won multiple design awards, is part of the larger urban and landscape master plan HOSPER drew up for the land of the historic Hageveld Estate, near Amsterdam. — bustler.net
Garages, of course, hold a storied place in Silicon Valley lore. Think Hewlett-Packard (HPQ), Apple (AAPL) and Google (GOOG), which all started in garages.
The start-up garage is a powerful symbol of the do-it-yourself underdog, and the creative, collaborative and scrappy culture they hope to reinforce through the renovation of the 57-acre former Sun Microsystems campus and new construction on an adjacent 22-acre parcel over the next few years. — MercuryNews
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