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A palatial unit occupying the 89th and 90th floor of One57 has just sold for a record-breaking $100,471,452.77—the most expensive condo purchase ever recorded Manhattan. — 6sqft
The penthouse sale at Christian de Portzamparc's One57 shatters a record previously held by Sanford Weill who bought an $88 million penthouse at the Robert AM Stern-designed 15 Central Park West in 2012. The arguably inflated purchase shows that NYC's real estate shows no signs of... View full entry
Neither is this switcheroo exactly new. That is a big part of the reason the City Planning Commission works so hard to ensure certain design flourishes and details in ambitious projects like the Riverside Center. — New York Observer
Yet again—the World Trade Center, Atlantic Yards, the Williamsburg waterfront—a New York City developer has dumped his high design stalking horse when it actually comes time to build their project. This time, Christian de Portzamparc was used to get the eight-acre Riverside Center... View full entry
It is ironic that with all the griping about New York's construction constraints, Mr. de Portzamparc said he found the city liberating. "In fact, New York is very attractive," he said. "There are fewer constraints than in most of our European cities." He told the IBT that the building is a tribute to Central Park, of which it will have commanding views, as well as the skyline itself, where the new tower will "evoke the energetic cascade of New York's verticality." — New York Observer
A new look at what may well be the most expensive starchitecture ever. View full entry