Starchitecture

Chelsea, real estate trends, Starchitecture

Image: Flickr cc

Developer Related Companies’ high-profile condominium at 520 West 28th Street, designed by the late Pritzker Prize-winning architect Zaha Hadid, launched sales in 2015 to a flurry of hype and hubris. The highly-anticipated West Side residence was Hadid’s first ground-up structure in New York City, offering homes that ranged from $4,950,000 to a $50 million penthouse. Crains reports that since that glittering launch, though, only 16 of the building’s 39 units have sold, calling the offering “a rare bust.” The sales figures reflect about a 40 percent sell-through that looks even lower when square footage is considered: The building’s biggest units remain unclaimed, including its three penthouses. Of the 16 apartments that have sold, 14 were bought in 2017. Only two units sold in 2018, and none so far this year.

Will Hudson Yards bring more buyers?

Chelsea, condos, Construction Update, Hotels, New Developments, Starchitecture

Bjarke Ingels’ two twisting towers top out in Chelsea

By Alexandra Alexa, Fri, March 8, 2019

the xi, the eleventh, BIG

Photo by Evan Joseph

Bjarke Ingels’ twisting towers at 76 Eleventh Avenue in Chelsea officially topped out this week, with the 36-story West tower reaching 400 feet shortly after the 26-story East tower hit its 300-foot height. The High Line-adjacent XI, located right across the street from Thomas Heatherwick’s bubbled condos at 515 West 18th Street, will offer 236 luxury condos, the first Six Senses Hotel location in the United States, commercial space, and a new public promenade that will extend from the park. Designed by Bjarke Ingels Group (BIG), the XI’s slanted shape gives the illusion the two buildings are being pulled apart, allowing for all residents to have views of both the city and the Hudson River.

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affordable housing, Greenpoint, Landscape Architecture, New Developments, Starchitecture

greenpoint landing, OMA, greenpoint, new developments

Rendering courtesy of Brookfield Properties and Park Tower Group.

Developers Brookfield Properties and Park Tower Group have unveiled the next phase of development in the massive Greenpoint Landing waterfront project, including an addition to the public waterfront esplanade designed by James Corner Field Operations and mixed-income housing designed by OMA, the architecture firm founded by Rem Koolhaas. Construction is scheduled to begin this summer on the two new towers and an adjacent seven-story building that will bring the total number of units in the project to 745, of which 30 percent will be affordable.

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Architecture, Cool Listings, Interiors, Starchitecture

1 governors road, cool listings, frank lloyd wright, modern homes, westchester

Images courtesy of William Pitt/Julia B. Fee for Sotheby’s International Realty; photo credit: Chris Collins Studio.

This unique home tucked into a gorgeous wooded landscape in Bronxville, NY, was built in 1950 by architect and Frank Lloyd Wright apprentice David Henken in the iconic Usonian style. A complete renovation by renowned architect Markus Dochantschi in 2012 modernized and expanded the 5,500-square-foot home; Dochantschi, founder of StudioMDA, is a former director of Zaha Hadid Architects and specializes in minimalist, functional design. The property is on the market for $4.995 million.

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Design, Starchitecture, Upper East Side, yorkville

Sotheby's, OMA, Shohei Shigematsu

Renowned auction house Sotheby’s has revealed renderings of its reimagined Upper East Side headquarters, designed by OMA New York’s Shohei Shigematsu. Slated to open on May 3rd to coincide with their auctions of Impressionist & Modern and Contemporary Art, the redesign features 40 galleries across four completely transformed floors and will increase Sotheby’s exhibition space from 67,000 square feet to more than 90,000 (a whopping two acres of space!).

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condos, Midtown West, real estate trends, Starchitecture

jean nouvel nyc 53w53

Rendering by Hayes Davidson

The partners behind the Jean Nouvel-designed tower at 53 West 53rd Street (also known as the MoMA Tower) will be serving even more price chops to the ultra-luxury project in the midst of lackluster sales, though they disagree on how much that should be. As Crain’s reported, Hines, Goldman Sachs, and Singapore’s Pontiac Land Group recently underwent an arbitration process to settle the matter, with Hines seeking aggressive discounts. The 1,050-foot condo building has already received $167 million in price cuts since hitting the market almost four years ago with a projection of $2.14 billion in sales. About 15 percent of the 145 units at 53W53 are under contract currently, with closings set to begin in the spring, a spokeswoman for the project said.

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Architecture, Landmarks Preservation Commission, Midtown, Starchitecture

550 Madison Avenue, AT&T BUILDING, LANDMARKS PRESERVATION COMMISION, OLAYAN, PHILLIP JOHNSON, SNØHETTA, LPC

In December, 6sqft reported that architecture firm Snøhetta had unveiled a preservationist-friendly revision to a controversial design for an updated AT&T building at 550 Madison Avenue; last month brought more details from the firm’s proposal that was submitted to the Landmarks Preservation Commission (LPC). The most recent design is one of several revisions, each followed by controversy over being seen by preservationists as diverting too much from the building’s original design by Philip Johnson and John Burgee. Yesterday LPC approved the new preservation-friendly designs–with some modifications. The office tower is now on track to reopen in 2020.

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Architecture, hudson yards, Major Developments, Midtown West, New Developments, Starchitecture

66 Hudson Boulevard, the spiral, bjarke Ingels, BIG, Hudson Yards

Skyline rendering with The Spiral via Tishman Speyer

The Hudson Yards mega-development on Manhattan’s far west side is fast becoming a collection of notable new skyscrapers; construction is underway on what may be the most recognizable of the bunch, the office tower known as The Spiral that will occupy full-block site at 66 Hudson Boulevard between West 34th and 35th Streets. Bjarke Ingels Group’s design features setbacks that wind their way up the building’s exterior, hosting landscaped terraces for tower-level floors along the way.

Many more renderings, this way

Construction Update, Financial District, New Developments, Starchitecture

2 World Trade Center, BIG, Bjarke Ingels, NYC starchitecture

Rendering of 2 World Center via DBOX, courtesy of Bjarke Ingels Group

Silverstein Properties, Inc. chairman Larry Silverstein has said construction may begin on the final World Trade Center tower before a committed tenant signs a lease, Bloomberg reports. Following work on the building’s foundation, the developer was waiting to progress with further work until a lease was signed. But optimism about the economy and strong leasing progress at neighboring towers may mean the building might rise “on spec.” The 2.8 million-square-foot office tower, designed by Bjarke Ingels Group, will be the last of Silverstein’s four skyscrapers to occupy the site.

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Cool Listings, Historic Homes, Interiors, Starchitecture, Upstate

1 petre island, frank lloyed wright, upstate, cool listings, private islands

Perhaps the perfect gift for your Modernist Valentine, this private island in Carmel, NY (15 minutes by air from Manhattan via rooftop helipad) has an interesting backstory and boasts a Frankly Lloyd Wright-designed house that rivals his iconic Fallingwater. 6sqft reported on the property when it was previously listed in 2017; Curbed reports that it’s back on the market for $12.9 million. In addition to the amazing home featuring Wright’s signature cantilevering and outdoor terraces outside and massive stone boulders within, the 11-acre, heart-shaped property known as Petre Island boasts a Wright-designed guest cottage.

Take a spin around the island

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