A crane attached to One57, the luxury apartment tower under construction in midtown Manhattan, partially collapsed amid gusts from Hurricane Sandy. [...]

One57, poised to be the tallest residential property in Manhattan at 90 stories, is being developed by Extell Development Co. A penthouse at the building went under contract earlier this year for more than $90 million. — businessweek.com

It is ironic that with all the griping about New York's construction constraints, Mr. de Portzamparc said he found the city liberating. "In fact, New York is very attractive," he said. "There are fewer constraints than in most of our European cities." He told the IBT that the building is a tribute to Central Park, of which it will have commanding views, as well as the skyline itself, where the new tower will "evoke the energetic cascade of New York's verticality." — New York Observer