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Zhang, a Chinese real estate developer, is the seventh richest self-made women in the world, worth $3.6 billion, according to Forbes. She's worth $800 million more than Oprah Winfrey, the world's best known self-made female billionaire.
Not only does Zhang's rags-to-riches story mirror that of China itself, but it is Zhang who has shaped much of the country's modern urban landscape, with the logo of her company SOHO China, on the side of buildings wherever you turn in Beijing.
— cnn.com
Galaxy SOHO, designed by Pritzker Prize winning architect Zaha Hadid for Zhang' SOHO China, was built in 2012 on a 50,000 square meter plot in central Beijing. It was Hadid's first building in Beijing. View full entry
It's not your everyday real estate deal. A team of young entrepreneurs persuaded about 50 deep-pocketed investors to help them purchase a mountain. The deal just closed in April, and development on Utah's nearly 10,000-acre Powder Mountain is now underway. [...]
"We were inspired by the core concepts of the Sundance Film Festival and the Aspen Institute. You can build place around a shared ethos."
— npr.org
Donald Judd bought 101 Spring Street, an 1870 cast-iron building, in 1968 for $68,000.
He stripped the dilapidated building down to its plaster walls and wood floors, illegally removing distractions like fire sprinklers.
Then Judd (1928-1994) spent decades turning the spaces into a showcase for his art and a place to rest his head on a bed made of wood planks. It’s carefully related to the colored tubes by Dan Flavin that march across the room, echoing the rhythm of a gorgeous row of windows.
— bloomberg.com
After dabbling at the edges for political discourse for several years, the AIA's New York chapter has jumped in with both feet by releasing this week its first-ever mayoral platform.
"We just felt these issues were too important to stand on the sidelines anymore," said Jill Lerner, a principal KPF and the chapter's president. "Whether it's zoning and building codes or sustainability issues or climate change and Sandy, politicians set the agenda for how the city gets built."
— crainsnewyork.com
With so much discussion going on with former Nazi Party relics these days, German developers are trying to revive a valuable real estate, the Nazi built Prora resort complex which served to Hitler's upper ranks. Once it is fixed and put on the market, it will be called "Sea Symphony" with a... View full entry
For those willing to accept the challenge of owning a dwelling designed by America's most-famous architect, there are about 20 Wright homes currently up for sale in eight states. That's the largest number in recent years. Those on the market now range from a six-bedroom Illinois home listed at $649,000 to a sprawling Montana ranch with a price tag of $5.6 million. "It is a good time to buy a Wright house because there is a variety of prices and locations,'' said Janet Halstead... — online.wsj.com
Three of the most important modernist houses in the Northeast, including the 1964 house Robert Venturi designed for his mother, have been (or will soon be) put up for sale by their long-time owners, two of them without covenants that would ensure their preservation. — archrecord.construction.com
Venturi's Philadelphia House Louis Kahn’s Esherick House View full entry
According to academics like Brent D. Ryan, author of “Design After Decline: How America Rebuilds Shrinking Cities," it is one of the most ambitious privately financed urban reclamation projects in American history. — NYT
Earlier this month David Segal traveled to Detroit to look into the efforts/urban boosterim of Dan Gilbert, chairman of Quicken Loans. Using his real estate company, Bedrock Real Estate Services, Mr. Segal is renovating properties, building apartments and wooing corporate tenants. The goal is to... View full entry
The salesclerk at a Belgravia clothing boutique, who also spoke on the condition of anonymity because she did not want to get in trouble, said that at some times of the year the area was virtually abandoned. “We’ll shut for the whole of August,” she said. — NYT
Earlier this week Sarah Lyall explored how some neighborhoods in London have become "So Exclusive Even the Owners Are Visitors". This is because the owners are increasingly, superwealthy foreigners from places like Russia, Kazakhstan, Southeast Asia and India, who are purchasing a residence... View full entry
It's the first official day of spring, and that means this year's crop of new developments is about to start hitting the market. They'll have a lot to live up to, because the season is starting off with a big one: 432 Park Avenue! The city's—nay, the western hemisphere's—future tallest residential building is now available. Or at least, two-thirds of the units are. — Curbed
The Rafael Vinoly-designed superscraper at 432 Park Avenue -- which, when finished, will be the tallest residential building in the western hemisphere -- has officially kicked-off sales. Prices for what's currently available? $20 million to $82.5 million. View full entry
The 4,230-square-foot, four-bedroom, four-bath home—currently on sale through Crosby Doe Associates for $4,495,000—offers a rare opportunity to lay claim to a unique piece of Wright history. The house, located in Pasadena, California, was originally built for book dealer Alice Millard for $17,000. Wright once said, "I would rather have built this little house than St. Peter's in Rome." — online.wsj.com
The huge Palm Springs estate of Bob Hope, the comic icon of midcentury film and television, and his wife, Dolores, is being brought to market for the first time this month, at an asking price of $50 million.
Perched high in the exclusive Southridge community, with panoramic views of the Coachella Valley, including the city of Palm Springs and the San Jacinto Mountains, the 23,366-square-foot home was designed in 1973 by the California Modernist architect John Lautner.
— nytimes.com
The couple bought a 20-by-40-foot piece of land at 351 Keap St. in 2008, trying to get ahead of the wave of gentrification they feared would soon price them out of Williamsburg. Initially, they planned to build a tiny home out of bricks and mortar, but when they put out a bid, it came back as potentially costing half a million dollars. — dnainfo.com
After doing some calculations, they decided to make it work with shipping containers. View full entry
Wright aficionado and architect Paolo Bulletti has launched an effort to purchase the 1954 Bachman Wilson House, one of Wright’s Usonian Houses in New Jersey, and transport the structure to the town of Fiesole outside Florence. — blogs.artinfo.com
“I’ve seen Kelly Ripa there. Two little kids were playing with Legos on the treadmill next to her, and there was nobody else.” — NYT
If you thought China or Dubai are the only places where you enter a multi million dollar condominium just purchased for that unruly son / daughter or a mistress, or laundering money.., hold on... Why is that all sold out prime luxury condo building in New York only... View full entry