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
The trend of Italian fashion firms co-developing luxury condominiums continues, with Fendi on July 28 becoming the latest brand to announce its first foray into a branded real estate project — partnering with the Château Group to develop Fendi Château Residences, a new and exclusive 12-story waterfront condominium building located in Miami, Florida two blocks south of The Bal Harbour Shops. — blouinartinfo.com
The first renderings are out for Tadao Ando's first project in New York City, 152 Elizabeth Street, a 32,000 sq.ft "ultra-luxury" condominium building to be constructed at the corner of Kenmare and Elizabeth Street in NoLIta in Manhattan. New York-based luxury residential development firm Sumaida...
London’s 200 new towers are something different. Virtually every one contains “luxury” apartments. This new residential upsurge in London is echoed across the Atlantic in New York – as property in both cities becomes a global reserve currency. New York, once the city of the commercial skyscraper, has become the city of the condo tower and the penthouse. But where does that leave commercial architecture? — ft.com
Tadao Ando has been commissioned by real-estate development firm Sumaida + Khurana to design an ultra-luxury condominium building in New York. This will be Ando's first building in New York.Here's more detail about the upcoming project:"New York-based luxury residential development firm Sumaida +...
Neiman Marcus, purveyor of luxury goods, now also sells luxuries of the architectural variety. As part of its holiday gift catalog, the high-end retailer is offering one night in Philip Johnson’s 1949 Glass House — for $30,000. — blogs.artinfo.com
The striking exoskeleton structure of the upper section is an interwoven network of supports that vary in thickness and lend a natural aesthetic to the yacht’s external appearance; evoking the organic structural systems found in nature.
This exoskeleton connects the various levels and decks seamlessly via expressive diagonals. Where traditional yacht design adheres to a strict horizontal order, Hadid has created an intense connectivity between the various decks and elements of the design. — superyachts.com
The salesclerk at a Belgravia clothing boutique, who also spoke on the condition of anonymity because she did not want to get in trouble, said that at some times of the year the area was virtually abandoned. “We’ll shut for the whole of August,” she said. — NYT
Earlier this week Sarah Lyall explored how some neighborhoods in London have become "So Exclusive Even the Owners Are Visitors". This is because the owners are increasingly, superwealthy foreigners from places like Russia, Kazakhstan, Southeast Asia and India, who are purchasing a residence...
The huge Palm Springs estate of Bob Hope, the comic icon of midcentury film and television, and his wife, Dolores, is being brought to market for the first time this month, at an asking price of $50 million.
Perched high in the exclusive Southridge community, with panoramic views of the Coachella Valley, including the city of Palm Springs and the San Jacinto Mountains, the 23,366-square-foot home was designed in 1973 by the California Modernist architect John Lautner. — nytimes.com
Gateway Towers 1 is designed to please even the most exacting and fussy Corinthians. That's why every home here is fully automated, giving you the most advanced technology of the century and making your life smooth and easy. Even the amenities have been handpicked with special attention, right from the designer fixtures to the Swarovski lobbies to the private theatre within the towers. — gatewaytowerspune.com
While the design industry may not pay as much heed to star architects – or starchitects – as it once did, on a consumer level, they clearly still pack a punch.
This is exemplified by the sale of an apartment in the Frank Gehry-designed Opus Building in Hong Kong which, according to William Lau of Midland Realty, reached a record-breaking sale price of nearly $60 million due to its ‘unique’ architectural design. — DesignBuild Source
Dawn breaks. The hens descend from their bespoke Versailles-inspired Le Petit Trianon house to their playground below for a morning wing stretch. Slipping on your wellies, you start for the coop and are greeted by the pleasant clucking of your specially chosen flock and the site of the poshest hen house ever imagined. — neimanmarcus.com
Your custom-made multilevel dwelling features a nesting area, a "living room" for nighttime roosting, a broody room, a library filled with chicken and gardening books for visitors of the human kind, and, of course, an elegant chandelier. The environment suits them well as you notice the fresh...
Frank Gehry is arguably the world's most famous architect, and while hist projects are notoriously expensive to construct, they may be worth it, at least for residential developers. In Manhattan, the penthouses at New York by Gehry are up for rent for $60,000 per month, and in Hong Kong, an apartment in a newly completed Gehry-designed condo tower overlooking the harbor has just sold for $61 million. Talk about a Pritzker prize. — New York Observer
Built for Swire Properties Ltd. (962), the structure cost HK$27,000 ($3,477) per square foot to construct, including land premium. A standard high-rise apartment in the city can cost as little as $HK4,000 per square foot to build, according to Swire Chief Executive Officer Martin Cubbon.
“Of course, it’s going to be enormously expensive by any standards,” says Cubbon. “In rental values and capital values, it’s going to command the highest numbers that Hong Kong has ever seen.” — businessweek.com
Named A Room for London, the accommodation is also an art installation commissioned by Living Architecture and Artangel. Living Architecture is a social enterprise that operates a handful of holiday homes throughout the UK and aims to provide members of the public with the opportunity to experience contemporary architecture at first hand. The Artangel organisation commissions creative projects by contemporary artists. — telegraph.co.uk
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