Archinect - News

One of Helmut Jahn's final designs distinguishes itself on the Chicago skyline

2024-11-05T12:05:00-05:00

Critics are coming out in favor of a distinctive new residential apartment tower from Jahn after the building opened at the south end of Michigan Avenue in Chicago in June. The 1000M project is a new high-rise accommodation meant to anchor the historic thoroughfare with 73 total stories and 738 units.

Image credit: Tom Rossiter

Helmut Jahn is credited with leading its revised design from 2015 until his death in 2021, joined by a team that included Philip Castillo, Lynda Dossey, Peter Hayes, and Lucie Rigaldies.

Image credit: Tom Rossiter

Residents enjoy access to its ground-floor lobbies from both the street level and a stately porte-cochere located on the western axis. The manipulation of air rights for this project allowed the design's floor plates to gradually expand at the northeast or southeast corners from a rectangular base into a more softened parallelogram form.

Image credit: Tom Rossiter

A seven-level parking structure with 325 spaces services the building, which is draped...

RCR Arquitectes debuts 'ultra-thin' Muraba Veil residential tower in Dubai

2024-10-24T17:05:00-04:00

A unique new residential skyscraper in Dubai from RCR Arquitectes will be built to the width of just a single 22.5 meter (almost 74 feet) apartment unit in what could come as a shock to even the most ardent fans of contemporary luxury high-rise design.

The fifth collaboration between the 2017 Pritzker Prize winner and developer Muraba, the Muraba Veil, was announced this month for a site overlooking the canal in the city of 3.6 million.

Its design is shaped also by endemic cultural and climate conditions, reaching a total height of 1,247 feet and 73 stories. The apartments are being offered between two and five bedrooms. Some unique features include a cavern-like indoor spa and oasis located in the crawl space underneath its datum.

Image: courtesy RCR Arquitectes//Muraba

The building’s 'super-thin' appearance is meant to evoke traditional Arabian domestic architecture, revealing itself from behind a series of 'veils' comprising stainless steel mesh that helps to dematerialize its sil...

Arquitectonica, Yabu Pushelberg debut new luxury residential project with celebrity chef Jean-Georges Vongerichten in Miami

2024-10-21T13:50:00-04:00

Archinect has received a first look at a new 48-story residential design for Miami’s Design District from Arquitectonica and Yabu Pushelberg in collaboration with the celebrity chef Jean-Georges Vongerichten.

The Jean-Georges Miami Tropic Residences include 329 condominium residences combined with a 27,500-square-foot ground-floor retail component. Each unit’s interior is staged around the culinary experience as was the intent of Vongerichten. Residents can enjoy an in-house podcast recording studio, among other lifestyle amenities amidst a tropical setting beset by native plant species.

It will join other recently announced projects in the area from Kengo Kuma and David Chipperfield upon its opening in 2027.

Image: The Boundary

Take a look inside Rafael Viñoly's The Greenwich before its long-awaited debut

2024-09-05T12:07:00-04:00

Archinect has received a first look inside The Greenwich by Rafael Viñoly and its March & White (MAWD)-led interior design. After a four-year hiatus, the 912-foot, 88-story new landmark is drawing near completion in the Financial District with 272 residences.

Each apartment, along with the building's 27,000 square feet of upper-floor amenities spaces, features one of three (Terra, Aqua, and Stratus) earth-toned color palettes designed to match the corresponding vistas at each level. The units all have floor-to-ceiling windows. Viñoly's son Román says the project "embodies the essence of my father's uncompromising modernism," adding, "It is an elegant and powerful testament to my father's creative vision."

Photo: Laura Randall, Optimist Consulting

Image: Evan Joseph

Photo: Laura Randall, Optimist Consulting

Selldorf Architects' first residential towers shine on the Brooklyn skyline

2024-06-28T11:40:00-04:00

Selldorf Architects recently debuted the studio's first two residential skyscrapers at the redeveloped One Domino Square site in Williamsburg, Brooklyn.

With an allotment of 398 new rental units and 160 total condominiums, the project boasts more than 700,000 square feet of usable space united by a seven-story podium with 12,000 square feet of ground-level retail spaces and another 40,000 worth of amenities offerings spread throughout three upper-level floors that connect via an elliptical central staircase feature.

Image: William Jess Laird

Both the 39-story mixed-use condominium tower and its 55-story rental neighbor feature an iridescent porcelain tile-clad facade designed to change color throughout the day as they reflect and shift to meet the evolving sunlight.

Image: William Jess Laird

Two 6,500- and 5,000-square-foot terraces at levels six and eight provide further space for private entertainment and relaxation for tenants and their guests, with a heat...

OMA breaks ground on The Perigon Miami Beach

2024-04-22T12:28:00-04:00

OMA has broken ground on its new Miami Beach development called The Perigon. The project from partner Jason Long at 5333 Collins Avenue will reach a height of 17 floors when it first opens to residents in late 2026.

A total of 73 one- and two-bedroom residences are included, oriented around creating ocean vistas and including about 20,000 square feet of amenities spaces highlighted by a speakeasy and the latest restaurant concept from celebrity chef Shaun Hergatt.

Image credit: The Boundary

A double-height entry lobby welcomes residents to the building’s other features, including a conservatory space, film screening room, beach club, and 82-foot swimming pool. The building is conceived as a series of small rotated “towers.” The vistas are referencing European Riviera-style resort designs, reflected again in interiors designed by Tara Bernerd & Partners.

Image credit: The Boundary

Viewed from the outside, its singular form is define...

Developer behind SHoP-designed The Brooklyn Tower is facing foreclosure on $240 million loan

2024-04-04T12:20:00-04:00

Michael Stern, the developer of SHoP’s new The Brooklyn Tower (also known by its address at 9 Dekalb Avenue), is facing foreclosure over a failure to pay a $240 million loan that was extended by Silverstein Properties in 2019 to complete the 93-story project, according to reports from The Real Deal.

As TDR pointed out, Stern is also responsible for 111 West 57th Street, which has had issues with cost overruns and other legal setbacks.

Stern, a veteran of the city’s high-stakes recent luxury market, is known for making huge bets on his projects. Speaking for a 2020 Financial Times profile, FXCollaborative’s Daniel Kaplan said of his approach, “He’s commissioned some very good architecture. The thing that’s really interesting about him is that all the things people say you can’t do — or you can’t do for the money — he says, ‘Forget it!’”

The tower, which stands as Brookly...

New Yorkers are still pissed about disrupted view sheds and 262 Fifth Avenue

2024-03-10T08:00:00-04:00

“It really pisses me off,” Clark said while standing in the plaza in front of the Flatiron Building on Fifth Avenue, a few blocks south of the dueling skyscrapers. “The whole New York skyline has been destroyed. When I moved here I was thrilled with it, and now it’s just getting disgusting. These new buildings have no identity, no design to them. We’ve lost the character of New York, and it breaks my heart.”

The Guardian goes inside some locals' struggle against the new 262 Fifth Avenue condo tower by Meganom and SLCE Architects. The East Siders protesting their obstructed view sheds are also not in favor of its appearance or the design for 432 Park Avenue, including several inspired teen critics on TikTok.

NYT critic Michael Kimmelman also wrote of their plight last year, declaring theirs and other opposition attempts a noble attempt at restoring the city’s history in an era defined by zoning manipulation and visible inequality.

A preservationist named Jorge Otero-Pailos told Kimmelman last October that new regulations are needed to “guarantee a collective experience, a sense of shared identity and civic meaning, which can bind New Yorkers across generations and centuries.”

NEOM debuts new Epicon coastal resort and hotel concept

2023-11-17T16:58:00-05:00

Saudi Arabia’s NEOM project has announced another new coastal resort concept located on the country’s Gulf of Aqaba.

The new Epicon destination follows last month’s announcement of Leyja, another hospitality project in the region. It will become the sixth development in NEOM’s portfolio, which includes the Trojena and Sindalah ski and yacht resorts, Oxagon industrial/residential tract, and the controversial 'zero-gravity urbanism' showcase THE LINE megacity.

Image courtesy NEOM

Two towers totaling 225 and 275 meters in height (738 and 902 feet, respectively) are included in Epicon's hotel concept, along with a distant resort and a string of luxury beach villas that are cast along the shoreline — the hotel buildings appearing as though a desert mirage.

Image courtesy NEOM

The 41-key hotel design with 14 apartment units offers twin-tower blocks connected via an elevated platform defined by exposed structural beams extending out in either direction. Its facade can be illuminated from t...

Undulating balconies define Pininfarina’s 45-story tower in Fort Lauderdale

2023-10-13T11:19:00-04:00

Pininfarina has designed a 45-story oceanside tower in Fort Lauderdale, Florida. Developed by Related Group with CFE Architects as the architect of record, the Andare Residences condominium tower contains 163 residential units.

Image credit: Related Group / Pininfarina

The 540-foot-tall tower was inspired by the area’s maritime context, with a flowing, wave-like facade characterized by undulating wraparound balconies. At the base of the tower, meanwhile, a 36-foot arch marks the entrance to the scheme of the pedestrian thoroughfare.

Image credit: Related Group / Pininfarina

At ground level, the tower’s double-height lobby contains floor-to-ceiling windows and displays both artistic and biophilic elements. Above, the residences range from 1,800 to 4,300 square feet, designed with open-concept living areas, floor-to-ceiling glazing, and wraparound balconies.

Image credit: Related Group / Pininfarina

"The unparalleled location of this property, in ...

HKS debuts revised plans for Texas’ tallest high-rise

2022-11-15T13:13:00-05:00

[...] Wilson Capital announced this morning that its redevelopment of the Avenue Lofts site will be significantly larger than previously reported. The multifamily residential building planned for the 0.8-acre property at 410 East Fifth Street, now known as Wilson Tower, is set to rise 80 floors to a total height of 1,035 feet — and yes, that would make the project the new tallest tower in Texas upon completion, exceeding the height of the Waterline supertall project [...]

HKS is behind the Wilson Tower project, which will complement the 43-story 700 River development that broke ground recently on a tract fast becoming Austin’s “second” downtown. The would-be new record-setter had been previously planned for only 54 stories and is now advertising lets for its 450 available luxury units. Amenities like a movie theater and indoor dog run are included in a four-story block. The rest of the program appears standard fare for a city that now boasts nine of the wealthiest 1,000 neighborhoods in the country.

Image courtesy HKS/Wilson Capital

"I don't think the need for housing is going anywhere," an unnamed developer told Austin Business Journal, referencing the state capital’s dual status as the fastest-growing city in America. "Looking into the future, when this building is planned to come online, we still see Austin with the incredibly strong fundamentals needed to support a project like this."

Image courtesy HKS/Wilson Capital

...

Central Park Tower penthouse lists for a record $250 million in Manhattan

2022-09-20T14:31:00-04:00

High rollers in the most expensive residential market in the country now have the chance to own its highest-elevated piece of real estate as the penthouse apartment in Adrian Smith + Gordon Gill's record-breaking Central Park Tower is now up for sale in Manhattan.

The asking price for the triplex unit occupying the 129th–131st floors is reportedly $250 million, easily doubling the $169 million listing price that the 96th floor unit in Rafael Viñoly’s troubled 432 Park Avenue tower commanded when it hit the market a year ago and surmounting the $238 million figure hedge funder Ken Griffin paid for his 220 Central Park South penthouse in 2019.

Previously on Archinect: Recent sales at Central Park Tower close below their asking prices reflecting falling values at Billionaires' Row residences

At 1,416 feet, the apartment is the world’s highest private residence and comes complete with 27-foot ceilings, a ballroom, grand salon, and two kitchens. It’s high enough that the curvature of the...

Construction begins on ODA-designed residential tower along Billionaire's Row

2022-08-02T13:55:00-04:00

Construction has begun on an ODA-designed residential tower along New York City’s Billionaire’s Row. The 175,000-square-foot building will sit at 126 East 57th Street, comprising 175 units. Nearly all of the residences will have private outdoor terraces, creating a pixelated effect across the cast-in-place concrete façade with projections and recesses.

The main entrance will be located on 57th Street and guide residents through a copper, mirrored gateway into a six-story-tall atrium with views of a landscaped courtyard. A gallery continues the journey to the lobby. An alternate entrance along 56th Street will feature a porte cochere for car drop-off.

Rendering by Brick Visual

“This building brings a human scale, playfulness, and visual interest to this upscale corridor of 57th Street,” Founder and Executive Director of ODA, Eran Chen, commented on the design. “As New York City slowly transforms Midtown East to a residential destination, we strive to offer a contemporary outlook for...

Heatherwick Studio unveils updated designs for 1700 Alberni development in Vancouver

2022-01-13T17:00:00-05:00

An update to one of the most significant projects in a spate of recent high-profile Canadian luxury residential developments as Heatherwick Studio has unveiled its upgraded designs for the 1700 Alberni towers complex. The revised proposal follows community feedback taken from Vancouver’s Shape Your City public web forum.

Marked by its intricate latticework and gentle lines, the towers make up a distinctive silhouette contrasted against the city’s rezoned West End skyline. The new plans call for a repositioning and resizing of the towers to create less restricted views of that skyline, in addition to expanding the biophilic outdoor living and pedestrian spaces which give the overall development its green character.

The new street-level view of the tower. Rendering via @wearenarrativ.

“We saw an opportunity to reflect on the past two years and show a more dynamic and contemporary way to live in the city of Vancouver,” Partner Stuart Wood said in a statement. “Our design offers a profo...

Recent sales at Central Park Tower close below their asking prices reflecting falling values at Billionaires' Row residences

2021-11-02T19:30:00-04:00

The supertall Central Park Tower, the latest addition by Extell Development to Midtown Manhattan’s Billionaires’ Row, had more recorded sales in October, including two full-floor aeries. But both of them, like other recent transactions in the new building, closed well below their asking price.

Of all the recent sales at Central Park Tower, just one was made around the asking price. At the Adrian Smith + Gordon Gill-designed luxury skyscraper, which boasts the highest roof in the Western Hemisphere, The New York Times reports three recent apartment sales well below their listed prices. An apartment listed for $78.1 million sold for $48 million; a similar-sized unit listed for $63 million sold for $40.8 million; and another listed for $14.7 million sold for $12.3 million.

This trend according to appraiser Jonathan J. Miller of Miller Samuel is present in other Billionaires’ Row residences, noting that resales at other luxury skyscrapers have not held their value. “Prices in general for Billionaires’ Row peaked in 2015-2016, and since then, they have fallen 25 to 50 percent, depending on the building.”

At the nearby RAMSA-designed 220 Central Park South, however, which sits just outside Billionaires' Row, The New York Times reports a $66 million sale, approximately $15.6 mi...

SO – IL's newest residential complex offers Brooklynites a 'new way of living'

2021-08-09T15:25:00-04:00

Sales are underway for units in the new SO – IL-designed 450 Warren in Brooklyn following a detailed construction period that topped out last fall.

Touting a “new way of living,” the 18 unit private residential development transforms the city into nature. Gowanus’ first-of-its-kind balanced community offers inhabitants refreshing views and an array of eco-friendly amenities surrounded by courtyard gardens in the heart of one of the borough’s most artistic neighborhoods.

Image courtesy of SO – IL

Developer Tankhouse announced the plan in the spring of 2019. The residences will feature an open kitchen plan, private foyer entryways, and oversized windows in an intimate layout connected to a central rooftop atrium via a series of bridges and hallways that give users added freedom of movement around the five-story building.

Image courtesy of SO – IL

Per the architect: “The materiality of 450 Warren is like nothing ever seen in New York City construction. 50,000 green-hued terrazzo-groun...

Construction on Queens' tallest building, Skyline Tower, is complete

2021-07-28T19:41:00-04:00

Construction is now fully complete on Skyline Tower, the tallest skyscraper in Long Island City and all of Queens. Addressed as 23-15 44th Drive, the 68-story, 778-foot-tall edifice is designed by Hill West Architects and developed by United Construction & Development Group, FSA Capital, and Risland US Holdings LLC. Yielding 802 residences designed by Whitehall Interiors and marketed by Modern Spaces, residences range in price from $500,000 to $4 million.

Each of the units feature panoramic, 360-degree views of Manhattan and the surrounding skyline. The Hill West Architects-designed building is a sleek, monolithic structure defined by its fully-glass façade. Its base and crown are composed of metal fins that enclose the parking space and roof parapet, respectively. Amenities include a 75-foot pool, two-level spa, lounges, fitness center, business center, outdoor terrace, and children’s playroom.

Previously on Archinect: New renderings released of Long Island City’s Skyline Tower, Queens’ soon-to-be-tallest

According to The Real Deal, about 41% of the Skyline Tower’s units are in contract, with sales reaching a record billion-dollar sellout. It’s the first condo in the borough to aim for a sellout of this figure.

Oppenheim Architecture unveils images of their crystal quartz-inspired luxury towers in Australia

2021-03-04T16:27:00-05:00

The Miami-based architecture, interior design, and planning firm Oppenheim Architecture shared images of their latest luxury mixed-use project, the Jewel. In February 2020, we connected with firm founder Chad Oppenheim for a Studio Snapshot interview. During the interview, we discussed the firm's work and design ethos. "The practice is much more about creating a platform for expression," he shared.

"We started by doing projects in up and coming areas and using architecture as we way to extract the best return on investment for our clients," shared Oppenheim. "Further down, we wanted to see how architecture can be as elemental as possible. Little by little, we were brought onto projects on spectacular sites, and we wanted to make the most out of them – bringing feeling and emotion as part of our ethos."

Archinect Feature: Searching for the Elemental and Straight-Forward With Oppenheim Architecture. The Ayla Golf Academy and Clubhouse in Aqaba, Jordan. Photo by Rory Gardiner.

Staying ...

Lattice-topped spire designed by Morris Adjmi nears completion in New York City

2020-09-04T12:00:00-04:00

A 39-story residential tower designed by Morris Adjmi Architects is nearing the end of construction in New York City, where work on the city's rising crop of luxury residential towers continues unabated.

The 92,000-square-foot project is wrapped in an expressive gridded structural system that takes on a woven lattice motif along the tower's upper levels.

Containing 42 units, the project is described by the architects as rising on "thin, ribbon-like piers" that create "bays of brass-colored, metal-framed windows, before interlacing to form an elegant lattice crown whose pointed arches recall Gothic windows and Art Deco details."

Construction on the tower is nearing later stages as cladding wrapping the tower's structural piers has been almost completely installed while upper level units await final installation of exterior curtain wall glazing.

The NYC Construction Photo Instagram account highlights the recent progress in a series of photos posted earlier this week:

View ...

Photos of Renzo Piano's first residential building in Miami

2020-03-02T19:48:00-05:00

Renzo Piano Building Workshop recently celebrated the completion of Eighty Seven Park, the firm's first residential building in Miami.

Designed for developers Terra and Bizzi & Partners Development, the 200-foot-tall condo tower made headlines in 2018 when the 18th-floor, six-bedroom, 11-bathroom penthouse hit the market at a Florida record-setting asking price of $68 million.

French studio RDAI envisioned the building's interior design, and Rotterdam's West 8 were in charge of the landscape design.

Photo: The Boundary, image courtesy Eighty Seven Park.

"The site is the last piece of land north of North Shore Open Space Park at the limit of the city of Miami Beach," explains RPBW's project description. "The main idea of the project is to enhance the presence of the green space in the area of North Shore Park, by extending the green area to the 87th Terrace at the northern limit of the project site."

Photo: Douglas Friedman, image courtesy Eighty Seven Park.

"Reducing the footprint of...

Check out newly released photos of Zaha Hadid's One Thousand Museum in Miami

2020-01-20T12:24:00-05:00

One Thousand Museum, first-and-only residential tower designed by the late Zaha Hadid in the Western Hemisphere, makes its debut in Miami's Museum Park this week.

The residential tower stands prominently alongside neighboring condo towers and other notable Miami structures like the Miami World Center and the Patricia and Phillip Frost Museum of Science. Standing at 709 feet (216 meters), the 62-story tower's design reminds us of Hadid's love for combing angles with curves, and of her penchant for elegantly crafting buildings of massive scale. Yet, rather than merely highlighting the laundry list of superlative stats embodied by the project, let's appreciate the structure's design by working our way from its exterior to its interior.

Exterior Images

First, let's start with the structure. According to ZHA's project director Chris Lepine in an interview with Architect Magazine, "the structure - which appears as if it were eroded form a solid - reads from top to bot...

'Shadow inventory' of new Manhattan condos could take years to sell, report shows

2020-01-11T08:00:00-05:00

Manhattan is glutted with even more luxury condos than most apartment-shoppers realize. [...] The secret supply is a heavy weight on a market in which sales, especially of higher-end properties, have slowed to a crawl. It would take take 74 months -- more than 6 years -- to clear all of Manhattan’s unsold units at the pace of contracts in 2019, the report shows.

Bloomberg on how a vast "shadow inventory" of nearly 6,000 recently completed units puts added stress on Manhattan's slowing real estate market, especially in the higher-end segment.

A closer look inside Renzo Piano's newly completed residential tower in Manhattan

2019-12-10T18:55:00-05:00

A few weeks after Renzo Piano completed the high-end 565 Broome SoHo, more photos of the Italian architect's first residential project in New York City have been revealed. The luxury condominium building was developed by real estate firms Bizzi & Partners Development, Aronov Development, and Halpern Real Estate Ventures, and Parisian practice Rena Dumas Architecture Interieure (RDAI) was in charge of the interiors. Renzo Piano Building Workshop collaborated with SLCE Architects.

Photo: Adrian Gaut / Edge Reps.

According to Renzo Piano, the design of the 17,000-square-foot tower was “shaped by light,” which led him to create conjoined glass structures with curved corners and an exterior of “low-iron” reflective glass. Inside, the building contains 115 light-filled residential units—ranging from studios to four-bedroom condos—that maximize views of the city. For the interiors, RDAI wanted to deliver a cohesive design that pr...

Condo-boom hangover: More than a quarter of NYC's new units remain unsold

2019-09-18T15:03:00-04:00

Among the more than 16,200 condo units across 682 new buildings completed in New York City since 2013, one in four remain unsold, or roughly 4,100 apartments — most of them in luxury buildings, according to a new analysis by the listing website StreetEasy. [...] Already the prices at several new towers have been reduced, either directly or through concessions like waived common charges and transfer taxes, and some may soon be forced to cut deeper.

Despite record-breaking residential construction in New York City, sales of apartments have slowed steadily in recent years.

NYT real estate reporter Stefanos Chen has analyzed the latest numbers of unsold units, especially in the higher price ranges, following a glut of inventory in newly completed buildings.

"Moreover, a growing share of condos sold in recent years have been quietly re-listed as rentals by investors who bought them and are reluctant to put them back on the market," Chen writes. "Of the 12,133 new condos sold between January 2013 and August 2019, 38 percent have appeared on StreetEasy as rentals."

World's tallest residential building tops out in New York City

2019-09-17T13:15:00-04:00

The Central Park Tower, Adrain Smith + Gordon Gill's 1,550-foot supertall tower in New York City, has topped out.

The 131-floor, 179-unit complex, created for developer Extell, now reigns as the tallest residential building in the world, New York Yimby reports. Wrapped in rippled floor-to-ceiling blue-glass curtain walls, the tower is one of several new supertall structures currently under construction at the southern end of Central Park.

Ground-level view of 217 West 57th Street. Image courtesy of Adrian Smith + Gordon Gill.

Neighbors include KPF's 1,401-foot One Vanderbilt tower, the SHoP Architects-designed 1,066-foot 111 West 57th tower, and Jean Nouvel's 1,050-foot 53W53 tower.

When completed, the Central Park Tower will include a triplex penthouse totaling more than 17,000-square-feet in size. The base of the building will be occupied by a 320,000-square-foot Nordstrom flagship store that will occupy seven levels. Floors eight through eighteen of the tower will house the bui...

One Thousand Museum: Zaha Hadid's luxury condo tower opens in Miami

2019-07-09T15:35:00-04:00

One Thousand Museum Residences, the Zaha Hadid-designed skyscraper in downtown Miami, received its temporary certificate of occupancy and will begin closings as early as next week [...] Developers Louis Birdman, Gilberto Bomeny, Gregg Covin and Kevin Venger, along with the late Zaha Hadid, broke ground on the 62-story, 84-unit luxury condo tower at 1000 Biscayne Boulevard in December 2014.

The 216 m/709 ft tower with its recognizable external structure in Miami's Museum Park was the first and final residential project in the United States designed by the late Zaha Hadid. Vertical construction began in 2015.

Interior shot of a finished residence. Photo: Robin Hill, courtesy One Thousand Museum

The property, which just received its Temporary Certificate of Occupancy from the City of Miami, hosts a number of swanky amenities, and apartments don't come cheap.

"Half-floor units start at $5.8 million and full-floor residences go up to more than $24 million," reports The Real Deal.

Hudson Yards and Stern-designed towers dominate NYC's ultraluxury real estate sales

2019-06-11T14:03:00-04:00

Manhattan’s latest crop of new luxury developments continues to attract a steady stream of buyers. At the ultra-pricey 220 Central Park South in Midtown, the grand limestone skyscraper designed by Robert A.M. Stern Architects, four more units officially sold, including New York City’s most expensive closing in May: a three-bedroom aerie for nearly $26.5 million.

The NYT's Vivian Marino provides an update on the biggest recent luxury real estate transactions in New York City with notably pricey purchases at Robert A.M. Stern's 220 Central Park South and 250 West 81st Street towers and also at the newly opened Hudson Yards mammoth development.

"Philip I. Kent, the former chief executive of Turner Broadcasting System, was one of the many buyers at 15 Hudson Yards, the megaproject’s first residential tower. (Oh, and the architect who helped design that building also bought an apartment — in Greenpoint, Brooklyn.)," writes Marino.

Sales of High Line condos at Zaha Hadid's 520 West 28th Street sluggish

2019-03-22T13:58:00-04:00

The high-end condo building at 520 W. 28th St. along the High Line that the company completed roughly two years ago appears so far to be a rare bust. According to property records, only 16 of the building's 39 units have sold, a roughly 40% sell through that shrinks to an even smaller percentage when measured by square footage. That's because the building's largest and most expensive apartments, including its three penthouse units, all remain unsold.

How 'bout this one? Nothing? Photo: Hufton+Crow.

Take a look at new renderings of 35 Hudson Yards ahead of sales launch (apartments starting at $5 million)

2019-03-06T13:46:00-05:00

New details and renderings have been released for 35 Hudson Yards, set to be the tallest residential tower in the Hudson Yards neighborhood at over 1,000 feet. The boutique apartments come with a wide array of in-house lifestyle services, some provided by the Equinox Hotel, which is part of the development. David Childs and Skidmore Owings & Merrill are the architects, while interior design is being led by Tony Ingrao.

To make 35 Hudson Yards your new home address, be prepared to open the checkbook extra wide — two-bedroom condos start at $5 million, while the average unit of the overall 134 apartments will set you back $11 million ($4,100 per square foot). The three penthouses have yet to be priced, reports the New York Times.

Image: Related-Oxford

"35 Hudson Yards offers a collection of 143 two- to six-bedroom condominium residences starting on the 53rd floor with sweeping, panoramic views of the Hudson River, Manhattan skyline, the Hudson Yards Public Square and Gardens, and its centerpiece temporarily named Vessel," reveals the announcement from developers Related Companies.

Image: Related-Oxford

"Our tower, 35 Hudson Yards, with its combination of retail, office, hotel and residential uses, is a city within Hudson Yards, exactly in the way Hudson Yards itself is a full mixed-use city within Manhattan," said architect David Childs.

Image: Related-Oxford

C...

Form follows finance: NYC's pencil towers for the ultrawealthy

2019-02-07T14:28:00-05:00

Any visitor to New York over the past few years will have witnessed this curious new breed of pencil-thin tower. Poking up above the Manhattan skyline like etiolated beanpoles, they seem to defy the laws of both gravity and commercial sense. They stand like naked elevator shafts awaiting their floors, raw extrusions of capital piled up until it hits the clouds.

In his latest long-form piece, The Guardian architecture critic Oliver Wainwright shows how the advent of the new 'pencil tower' building type is rapidly transforming New York City's skyline, digs in the history of zoning laws, and explains how "air rights" allow (an abundance of) cash to buy a piece of the Manhattan sky.

Photo: Maciek Lulko/Flickr

"Like leggy plants given too much fertiliser, these buildings are a symptom of a city irrigated with too much money," writes Wainwright. "The world’s population of ultra-high-net-worth individuals, a super-elite with assets of at least $30m, has now mushroomed beyond 250,000 people, all in need of somewhere to store their wealth. More than a third of them are based in North America, while those from riskier economic climes favour New York real estate as one of the safest places to park their cash."

Archinect - News

One of Helmut Jahn's final designs distinguishes itself on the Chicago skyline

RCR Arquitectes debuts 'ultra-thin' Muraba Veil residential tower in Dubai

Arquitectonica, Yabu Pushelberg debut new luxury residential project with celebrity chef Jean-Georges Vongerichten in Miami

Take a look inside Rafael Viñoly​'s The Greenwich before its long-awaited debut

Selldorf Architects' first residential towers shine on the Brooklyn skyline

OMA breaks ground on The Perigon Miami Beach

Developer behind SHoP-designed The Brooklyn Tower is facing foreclosure on $240 million loan

New Yorkers are still pissed about disrupted view sheds and 262 Fifth Avenue

NEOM debuts new Epicon coastal resort and hotel concept

Undulating balconies define Pininfarina’s 45-story tower in Fort Lauderdale

HKS debuts revised plans for Texas’ tallest high-rise

Central Park Tower penthouse lists for a record $250 million in Manhattan

Construction begins on ODA-designed residential tower along Billionaire's Row

Heatherwick Studio unveils updated designs for 1700 Alberni development in Vancouver

Recent sales at Central Park Tower close below their asking prices reflecting falling values at Billionaires' Row residences

SO – IL's newest residential complex offers Brooklynites a 'new way of living'

Construction on Queens' tallest building, Skyline Tower, is complete

Oppenheim Architecture unveils images of their crystal quartz-inspired luxury towers in Australia

Lattice-topped spire designed by Morris Adjmi nears completion in New York City

Photos of Renzo Piano's first residential building in Miami

Check out newly released photos of Zaha Hadid's One Thousand Museum in Miami

'Shadow inventory' of new Manhattan condos could take years to sell, report shows

A closer look inside Renzo Piano's newly completed residential tower in Manhattan

Condo-boom hangover: More than a quarter of NYC's new units remain unsold

World's tallest residential building tops out in New York City

One Thousand Museum: Zaha Hadid's luxury condo tower opens in Miami

Hudson Yards and Stern-designed towers dominate NYC's ultraluxury real estate sales

Sales of High Line condos at Zaha Hadid's 520 West 28th Street sluggish

Take a look at new renderings of 35 Hudson Yards ahead of sales launch (apartments starting at $5 million)

Form follows finance: NYC's pencil towers for the ultrawealthy

Take a look inside Rafael Viñoly's The Greenwich before its long-awaited debut