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Posts Tagged ‘Economy’

$3 billion-one, $3 billion-two, and $3 billion- its is. A building to sell for $3 billion does sound insane but this insanity is nearing to become a reality. Larry Silverstein, developer of ground zero, has bid $3 billion for General Motors Building on Fifth Avenue, in the Manhattan District in New York.
Indeed, with [...]

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This week in news we find two of Frank Gehry’s projects declared obsolete- Winton Guest House in Minnesota, and Santa Monica Place mall in Santa Monica.
In early 2007, the University of California, Irvine, razed one of his buildings—a computer science center—to make way for a new engineering complex, the San Diego Union-Tribune reported at the [...]

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Is it fair for one architect to design 36 hotels in a prestigious urban district like Manhattan, especially when New York is home to some of the finest architects and designers of the world?
Architect Gene Kaufman is designing 36 hotels in Manhattan, including three that will share a single building on West 39th Street near [...]

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Recession is the word nobody wishes to hear. But here it is. Economy has to go full cycle- it now has to heal itself after leaps of growth. Panic will spread. Will architects’ world feel the tremors of the recession that is going to brace the country in 2008?
Ned Cramer, editor-in-chief of ARCHITECT and ARCHITECTURAL [...]

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