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In keeping with Robert Hughes's dictum that architecture is "the art you live in," a remarkable Ai Weiwei-designed house dubbed "living art" by some is reported to have sold this week to an unnamed buyer for the jaw-dropping price of $4.9 Million. Tsai Residence, with guest house... View full entry
For decades, ordinary residents have been pushed out of cities like London and New York to make room for offices and luxury apartments. But the pandemic has massively reduced demand for these same locations — turning city centers into ghost towns, full of shiny new buildings that no one needs. — Jacobin Magazine
Writing for Jacobin, Glyn Robbins dissects the pandemic's lasting effect on cities around the world where new luxury developments — too often favored over affordable housing solutions for the broader local community — are now faced with a sudden drop in demand. Related on Archinect... View full entry
While American single-family home prices have continued to rise in the midst of the pandemic, and we mere mortals hit “fave” on six-digit Zillow listings we’ll never afford, the rich are getting richer—and that includes celebrities who shell out millions on megamansions, an unofficial term traditionally used for any home over 10,000 square feet, and sometimes limited to those over 20,000. — VICE
Writing for VICE, Ashley Spencer dives into the history of the garishly large homes of America's 0.1 percent. View full entry
ODA New York-designed condominiums, 98 Front Street, have opened in the heart of DUMBO. The 10-story luxury condominium comprises 165 studio, one-, two-, three- and four-bedroom residences ranging in size from 400 to over 2,000 square feet. Asking prices for the homes range from... View full entry
Sitting across the street from New York's City Hall Park in the Financial District, the first residential building in NYC designed by Richard Rogers and Graham Stirk of Rogers Stirk Harbour + Partners, No. 33 Park Row, is nearing completion. First renderings of the building appeared on Archinect... View full entry
After more than four years on the market, Tom Ford’s sprawling New Mexico estate has finally found a buyer. The property, better known as the Cerro Pelon Ranch, sits just outside Santa Fe in the Galisteo Basin area, and measures a whopping 20,662 acres. — Architectural Digest
The home features the Silverado Movie Town, which is built on the site in the 1980s, writes Joyce Chen for Architectural Digest. The set was originally used for the Western film Silverado, and later for films including 2011's Thor. Previously on Archinect: Tadao Ando's sprawling... View full entry
If you're shopping for a modernist architectural landmark to kick off the new year, you might be in luck: the Richard Neutra-designed Lovell Health House in the Los Feliz hills of Los Angeles is still available after hitting the market back in February. Featured in several Hollywood movies, the... View full entry
If you've been hunting for a lovely abode inside a rusty shell wedged between a railway line and a scrap yard on a challenging plot in central London for under a million pounds, you're in luck. Designed by UK firm Undercurrent Architects, the 1,600-sqft Archway Studios property is actually an... View full entry
This post is brought to you by MIT Center for Real Estate The MIT Master of Science in Real Estate Development (MSRED) offers an unparalleled education in real estate practice. Our groundbreaking MSRED degree presents a program that is rigorous, concentrated, multidisciplinary and geared... View full entry
This post is brought to you by MIT's MSRED The MIT Master of Science in Real Estate Development (MSRED) offers an unparalleled education in real estate practice. Our groundbreaking MSRED degree presents a program that is rigorous, concentrated, multidisciplinary and geared toward direct... View full entry
Silverstein Properties closed on its $430 million deal to buy US Bank Tower, an iconic Downtown Los Angeles property whose purchase price was far below initial expectations. [...]
In a statement, chairman Larry Silverstein said: “I believe in the future of Downtown Los Angeles.”
— The Real Deal
The 73-story US Bank Tower, designed by Henry N. Cobb of Pei Cobb Freed & Partners, was once the tallest building west of the Mississippi River until the recently completed Wilshire Grand Center in Los Angeles and later the Salesforce Tower in San Francisco took over that title. The 36-foot-long... View full entry
Sitting on nearly a half-acre of land, the 120-year-old faded yellow home, known as the Foster House and Stable, located at 12147 S. Harvard Ave., features steep roof peaks — something that wasn’t necessarily common in Wright’s designs — and has five bedrooms and three bathrooms. — Chicago Sun Times
The home sold for just under $200,000. The property was declared a Chicago landmark in 1996 and according to the city, "the house and its stable were constructed as a summer residence for Stephen Foster, an attorney who was a member of the real estate group that developed this portion of West... View full entry
Sold late August for nearly $2.75 million, Arthur Erickson's Filberg House in Comox, British Columbia was designed in 1959 and is said to be the first residential property designed by the Vancouver-born architect. The recent sale of the home has stirred up some concern amongst Erickson fans. Some... View full entry
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... View full entry
The pandemic is expected to drastically reshape commercial real estate, leaving thousands of vacant and underused spaces nationwide. But some developers and investors are keen to seize the chance to convert those properties into other uses. — The New York Times
Tom Acitelli of The New York Times investigates some of the ways in which office and commercial spaces may be rethought in coming years as conversions from previous uses facilitate a massive transformation within the American built environment on a scale that is largely without precedent. In... View full entry
