Skyscrapers Signal Economic Doom; South Street Seaport Tower Design to Be Revised

Posted On Mon, June 8, 2015 By

Posted On Mon, June 8, 2015 By In Real Estate Wire

  • The extinction of a quintessential NYC architectural facet has commenced: An architect pushing to remove fire escapes from two Soho buildings has received permission from the city to move forward. [DNA Info]
  • Blue Bottle is expanding operations into NYC. The California-based brewer is opening up a roasting plant in Bushwick. [CO]
  • A 392-rental project backed by Japanese development company Mitsui Fudosan America and Taconic Investment Partners will rise in Hell’s Kitchen. 20 percent will be affordable. [WSJ]
  • Construction booms have historically coincided with the beginnings of economic downturns. [Business Insider]
  • The controversial 494-foot luxury high-rise slated to rise in the South Street Seaport will be “significantly revised” to address its out of context height issue. [DNA Info]
  • Gloria Vanderbilt’s mansion gets a $17M price cut. [Curbed]

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