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Los Angeles-based developer CIM Group has agreed to buy Tribune Tower for up to $240 million, marking the end of media ownership for the historic North Michigan Avenue building and the beginning of a new chapter, likely as part of a mixed-use redevelopment. [...]
Tribune Media unveiled conceptual plans last year to redevelop the parcel, adding several buildings to maximize the space with residential, retail and hotel components.
— chicagotribune.com
The Tribune Tower sale previously in the Archinect news: Chicago Tribune Tower inches closer to hotel & residential redevelopment View full entry
In November 2015, Bjarke Ingels‘ released images of a pair of asymmetric, twisting towers along the High Line at 76 Eleventh Avenue then at the beginning of this year, the design changed to a simpler silhouette with more space in between the two buildings. Now it has been revealed through another group of renderings glass crowns at the 300- and 400-foot tops, the retail podium and plaza fronting the High Line, and two amenity-filled podium bridges that will connect the towers. — 6sqft.com
San Francisco's Millennium Tower has been sinking at a rate of two inches per year since it was completed in 2008, which is about ten inches more than the builders had anticipated the building settling for its entire lifetime. Not to be boring, the tower is also tilting slightly to the northwest... View full entry
As luxury condominiums go, 152 Elizabeth Street displays an unusual rigor and finesse: this is not an exercise in overindulgence, but in refined balance. With its 32,000 square feet split between seven individual residences, Tadao Ando's floor-to-celling windowed, burnished... View full entry
The cherry atop 520 West 28th, Penthouse 37 contains five bedrooms and six-and-a-half bathrooms, including a corner master suite with two windowed dressing rooms and his-and-hers baths nestled on its lower level, which also houses three guest en-suite bedrooms, a utility room, and a wet bar. — Forbes
Running at a little over $7,269 a square foot, Zaha Hadid's one and only High Line-adjacent luxury penthouse design features a sinuous metal exterior with floor to ceiling glass windows between 10th and 11th avenues in Chelsea. Ismael Levya Architects worked with Zaha Hadid Architects to create... View full entry
A group of developers on the short list to buy Tribune Tower want to convert the Gothic Michigan Avenue landmark into condominiums, apartments and even a hotel [...]
The property also comes with something all developers love: land for new buildings. A buyer could build one or two more towers on the parking lot next door and on space created by demolishing some of the existing Tribune building that is not landmarked. [...]
— Crain's Chicago Business
In other recent Chi-Town news on Archinect:Embattled Lucas Museum may move to S.F.'s Treasure IslandAerial cable cars proposed for ChicagoChicago Spire's gaping hole to be hidden behind piles of dirt View full entry
It has been whispered about for months, but now it’s official: Vornado Realty Trust is offering up a palatial four-floor apartment at 220 Central Park South that is priced at a record-smashing $250 million.
The massive condominium will encompass floors 50 through 53 of the Robert A.M. Stern-designed limestone tower, and it will span some 23,000 square feet [...]. The asking price works out to nearly $11,000 per square foot.
— therealdeal.com
Previously on Archinect: This $250M mega penthouse might become New York's priciest home View full entry
Brooklyn is finally getting a new skyscraper development worthy of its 2.6 million populace. Today, the Landmarks Preservation Commission approved SHoP Architects‘ vision for 9 DeKalb Avenue, a rehabilitation of the landmarked Dime Saving Bank that will marry it with a dramatic, supertall skyscraper behind, the first 1,000+ foot building to arrive in the borough. To bring back more of the building’s grandeur, its exterior and interior spaces will be restored. — 6sqft.com
A slew of innovative new condo towers are being proposed for Vancouver, as the city aims to take its arguably boring architecture to the next level. [...]
Vancouver's move into adventurous architecture arguably began back in 2013, when Danish architect Bjarke Ingels revealed his design for twisting tower Vancouver House, which is now under construction.
— cbc.ca
Related on Archinect:BIG’s 490-foot-tall Beach and Howe Tower for VancouverAnother case of "poor door" for proposed Vancouver high-riseInterview with Vancouver Art Gallery's director: how will Herzog & de Meuron's new museum impact Canadian architecture? View full entry
Vornado's super luxury tower at 220 Central Park South isn't even out of the ground yet, but billionaire buyers seemingly can't wait to stash their stacks of cash in the 950-foot-tall tower. The Real Deal hears rumblings that a Qatari investor is eyeing a monstrous spread that would cost around $250 million, making it easily the most expensive home in New York City. It would completely obliterate the current record, the $100 million sale at One57. — ny.curbed.com
Robert A.M. Stern's NYC condo towers have a habit of attracting record bids (previously: NYC’s Most Expensive Condo to Be Listed at $130 Million). View full entry
Tadao Ando's first ever NYC building — the brutalist condo tower project 152 Elizabeth Street — is kicking into high gear with the release of new renderings, photos of the completed sales gallery, floorplans for the first residences coming on the market, the launch of a new website for the... View full entry
At the corner of Elizabeth and Kenmare Streets at the edge of NoLIta, demolition work began in early March to make way for a seven-story condominium, Mr. Ando’s first stand-alone project in the city, although he has designed a restaurant (Morimoto in Chelsea) and residential interiors in Manhattan.
Sales are expected to begin in April, with prices [...] likely to rise to more than $30 million for the four-bedroom penthouse, according to Mr. Steinberg.
— nytimes.com
Previously:New details on Tadao Ando's upcoming residential project in NYC's NoLItaTadao Ando to design first residential building in New York View full entry
This would be the first U.S. tower for Snøhetta, founded in Norway but on the rise in the United States since being selected in 2004 to design the pavilion for the National Sept. 11 Memorial & Museum.
Snøhetta will replace an even better-known architect for the corner: Richard Meier, the Pritzker Prize-winning designer of the Getty Center in Los Angeles, whose firm has been working on a tower in the same location since 2008.
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The site in question is directly adjacent the Civic Center's metro stop on Market St., and a large part of the developer's plans revolve around shifting this existing stop one block north, to avoid (in the SFGate author's words) the "squalid even by neighborhood standards" area. The residential... View full entry
Renowned Brazilian architect Isay Weinfeld has been commissioned to design his first NYC-based building, a 36-unit luxury condominium project called Jardim. Set to be built on 527 West 27th Street in West Chelsea, Jardim will be surrounded by other recent starchitect-designed projects like the... View full entry
A triplex penthouse at Zeckendorf Development Co.’s tower under construction on Manhattan’s Upper East Side will be offered for sale at $130 million, making it New York’s most expensive apartment listing.
The 12,394-square-foot (1,151-square-meter) property will span the top three floors at 520 Park Ave., where sales will begin the first quarter of next year, Arthur Zeckendorf said in an interview today.
— bloomberg.com
