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Post-Champlain Towers South tragedy condo building crackdowns are coming and now Florida could be facing its biggest real estate “crisis” in decades, NBC reports. Prices have dipped nearly 40% in some areas after a rash of new laws offloaded proactive maintenance costs onto the HOAs... View full entry
Regulations passed in Florida after the 2021 collapse of the Champlain Towers condominium have helped fuel the drive by developers to buy out and replace older residential buildings. The new rules have increased costs for residents in many older buildings, sometimes requiring sizeable special assessments that may be unaffordable. — NPR
The rush to improve building safety in the wake of the 2021 Surfside condo collapse has since produced some unintended and expensive consequences for residents of Florida condominiums, three-quarters of whom live in structures that are now more than 30 years old. While the laws’ intent is... View full entry
A major Japanese homebuilder by the name of Sekisui House has decided to demolish a nearly completed condominium building in western Tokyo following complaints from locals that the building would have blocked views of Mount Fuji. As reported by The Asahi Shimbun, the company decided to cancel... View full entry
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... View full entry
Frida Escobedo’s first American residential commission has been revealed as a block-scale condominium project in the Boerum Hill neighborhood of Brooklyn. The designer of the new Modern and Contemporary Art Wing at the Metropolitan Museum of Art (in which she has set up a working studio) will... View full entry
The next new project from Zaha Hadid Architects will renovate major elements of the historic Le Schuylkill Tower in Monaco. Built as the principality’s first high-rise in 1963, the aging 25-story residential tower overlooks the Mediterranean and Monte Carlo’s Port Hercule and boasts... View full entry
Site preparations are underway in Los Angeles in advance of the 50-month construction phase that will bring the Foster + Partners-designed One Beverly Hills residential towers to a plot adjacent to the Beverly Hilton and other area hospitality icons. Gensler is serving as the project’s executive... View full entry
Construction is in full swing again on a Rafael Viñoly Architects-designed 88-story 125 Greenwich Street Manhattan residential project after resuming earlier this year following a four-year pause. The news comes as the blog New York YIMBY reports scenes of added glass curtain panels... View full entry
Zaha Hadid Architects has been revealed to lead the design of a new condominium project proposal at a site once occupied by the collapsed Champlain Towers South building in Surfside, Florida. The project is being commissioned by DAMAC International, which purchased the lot for $120 million in July... View full entry
Frank Gehry’s biggest-ever contribution to the city in which he was born is now underway after construction began on the two-tower Forma condominium scheme in downtown Toronto. A total of 2,087 residential units will be constructed as part of the process, filling out the pair of 73- and 84-story... View full entry
HWKN has shared photos of its latest addition to the skyline of Jersey City, New Jersey, called 351 Marin. The building, designed in partnership with executive architect HLW, topped out last fall and has recently achieved full tenancy, something developers KRE Group shares is a bellwether for... View full entry
