The creaky staircase was covered in plastic, as was the living room furniture, but the bones were still there: pressed paper wainscoting in the hall, thickly painted moldings. We often got in trouble for walking too loudly in our clompy shoes up to the top floor at night. — Alexandra Lange
It’s a cellar’s market.
New Yorkers are spending more than the price of the average American home — on storage units.
Tribeca’s 56 Leonard just sold a 200-square-foot unit for $300,000. That’s $1,500 a square foot for a metal cage in the basement of the future luxury skyscraper. — nypost.com
Over at The Atlantic Cities, editor Emily Badger tried to put things in perspective and created this helpful little chart of median home prices in a few U.S. metropolitan areas (find a screenshot of the interactive chart below). More on 56 Leonard Street in the Archinect News: Work to Begin on...
An architectural rendering is a premonition of sorts, an illustration of what a park or a bridge, an apartment building or an office tower, might look like, even before the first splash of concrete licks the ground. But its most important mission is not to show the girth of a building’s footprint or the shape of the windows; it is to gin up enthusiasm for a project, or to incite resistance.
So the real purpose of these drawings is not to predict the future. Their real goal is to control it. — nytimes.com
Since the mid-1980s, Mr. Ackerman has been traveling to southeastern Minnesota from his home in the Twin Cities area to explore and acquire caves. He is the largest private cave owner in Minnesota and might be the largest in the country, but nobody is certain because not all of his caves have been fully explored to determine their extent. — nytimes.com
“An economic downturn is always a good thing for preservation,” says Regina O’Brien, chairperson of the Modern Committee of the Los Angeles Conservancy. “A lot fewer developers are making a lot less money, and therefore they have a lot less motivation to pursue these profit-oriented flips. But the problem is that the opposite is true when the market picks back up.” — thedailybeast.com
The Design Museum will remain in the building until the move in 2015.
Deyan Sudjic, the museum's director, said: "Whilst we are sad to be leaving Shad Thames we are leaving the building in the best possible hands..."
In a statement, Hadid said the building would be an opportunity "to consolidate our archive in a single location". It would also be used for architecture exhibitions where "the research and innovation of global collaborations in art, architecture and design" could be put on display. — guardian.co.uk
The houses aren't difficult to spot. They usually follow some variation of the following pattern: gray or greenish-gray paint, white or brick red trim, a colorful door -- mint green, orange, red -- and sometimes a colorful accent mailbox. Instantly recognizable horizontal wood-slat fencing is the final touch. — kcet.org
Zhang, a Chinese real estate developer, is the seventh richest self-made women in the world, worth $3.6 billion, according to Forbes. She's worth $800 million more than Oprah Winfrey, the world's best known self-made female billionaire.
Not only does Zhang's rags-to-riches story mirror that of China itself, but it is Zhang who has shaped much of the country's modern urban landscape, with the logo of her company SOHO China, on the side of buildings wherever you turn in Beijing. — cnn.com
Galaxy SOHO, designed by Pritzker Prize winning architect Zaha Hadid for Zhang' SOHO China, was built in 2012 on a 50,000 square meter plot in central Beijing. It was Hadid's first building in Beijing.
It's not your everyday real estate deal. A team of young entrepreneurs persuaded about 50 deep-pocketed investors to help them purchase a mountain. The deal just closed in April, and development on Utah's nearly 10,000-acre Powder Mountain is now underway. [...]
"We were inspired by the core concepts of the Sundance Film Festival and the Aspen Institute. You can build place around a shared ethos." — npr.org
Donald Judd bought 101 Spring Street, an 1870 cast-iron building, in 1968 for $68,000.
He stripped the dilapidated building down to its plaster walls and wood floors, illegally removing distractions like fire sprinklers.
Then Judd (1928-1994) spent decades turning the spaces into a showcase for his art and a place to rest his head on a bed made of wood planks. It’s carefully related to the colored tubes by Dan Flavin that march across the room, echoing the rhythm of a gorgeous row of windows. — bloomberg.com
After dabbling at the edges for political discourse for several years, the AIA's New York chapter has jumped in with both feet by releasing this week its first-ever mayoral platform.
"We just felt these issues were too important to stand on the sidelines anymore," said Jill Lerner, a principal KPF and the chapter's president. "Whether it's zoning and building codes or sustainability issues or climate change and Sandy, politicians set the agenda for how the city gets built." — crainsnewyork.com
With so much discussion going on with former Nazi Party relics these days, German developers are trying to revive a valuable real estate, the Nazi built Prora resort complex which served to Hitler's upper ranks. Once it is fixed and put on the market, it will be called "Sea Symphony" with a...
For those willing to accept the challenge of owning a dwelling designed by America's most-famous architect, there are about 20 Wright homes currently up for sale in eight states. That's the largest number in recent years. Those on the market now range from a six-bedroom Illinois home listed at $649,000 to a sprawling Montana ranch with a price tag of $5.6 million. "It is a good time to buy a Wright house because there is a variety of prices and locations,'' said Janet Halstead... — online.wsj.com
Three of the most important modernist houses in the Northeast, including the 1964 house Robert Venturi designed for his mother, have been (or will soon be) put up for sale by their long-time owners, two of them without covenants that would ensure their preservation. — archrecord.construction.com
According to academics like Brent D. Ryan, author of “Design After Decline: How America Rebuilds Shrinking Cities," it is one of the most ambitious privately financed urban reclamation projects in American history. — NYT
Earlier this month David Segal traveled to Detroit to look into the efforts/urban boosterim of Dan Gilbert, chairman of Quicken Loans. Using his real estate company, Bedrock Real Estate Services, Mr. Segal is renovating properties, building apartments and wooing corporate tenants. The goal is to...
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