$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 [...]
Posts Tagged ‘Economy’
At $3 Billion GM Building is Most Valuable in the World
Posted in Architecture, Discussion, Landmark, News Ink, tagged Apple, Architecture, Business, Donald Trump, Economy, FAO Schwarz, Fifth Avenue, Foreclosure, GM Building, Harry Macklowe, Larry Silverstein, Loan, Manhattan, Naming Rights, New York, news, Real Estate, Trophy Property on February 22, 2008 | 3 Comments »
Johnson is In- Gehry is Out; Jon Jerde is In- Gehry is Out
Posted in Architecture, Discussion, Historic Preservation, News Ink, Peoples' Places, tagged Architect, Architecture, Buildings, Business, Economy, Frank Gehry, Historic Preservation, Jon Jerde Partnership, Macerich Company, Mall, news, Old Buildings, Philip Johnson, Residence, Restoration, Reuse, Santa Monica, Santa Monica Place, Technology, Urban Design, Winton Guest House on February 22, 2008 | 3 Comments »
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 [...]
When Economy Drives Design
Posted in Architecture, Culture, Discussion, Peoples' Places, tagged Aesthetics, Architect, Business, Cities, Design, Economy, Gene Kaufman, Hotels, Manhattan, New York, Urban Districts on February 19, 2008 | 3 Comments »
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 [...]
Gloom to Doom
Posted in Architecture, Discussion, News Ink, tagged Architect, Architecture, diversify, Economy, firm, housing, Layoff, Recession, talent on February 19, 2008 | Leave a Comment »
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 [...]







