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Tuesday, May 15, 2007

Buying in a new development: risk and reward

100 eleventh avenue

buyingThe selection of newly developed, luxury condo homes on the market in New York City may never be better than it is right now. There is stunning new architecture being added to the skyline with buildings rising at 100 Eleventh Avenue in Chelsea by Jean Nouvel, currently one of the hottest selling properties in NYC; or 101 Warren Street in Tribeca by SOM, now about 94% sold. Even Brooklyn is being transformed by Richard Meier's project on Grand Army Plaza overlooking Prospect Park. While I believe that these are among the best being built. There are a great many more on market and coming over the next couple of years. But they are not all the same, nor for everyone. What should you should you know about closing on a new development?

continued+

Friday, May 4, 2007

Inside the architects' studio at ground zero

Ground zero at night, seen from 7 World Trade Centerdowntown manhattanThe Tribeca Trib is running a cover story this month, that looks inside the architect's studios at Seven World Trade Center; "Silverstein Eyes Progress on His Towers". Its a soft edged vignette of a day in the design life of Tower 4, as Fumihiko Maki's team endeavors to complete their project by the first of July. The article paints a picture of the intense effort being made in architecture and design. While that is serious and important work, what those efforts will eventually frame grows increasingly unclear. In my opinion the biggest loss for the downtown community in the redevelopment of ground zero, is the exodus of the art and cultural institutions from the fabric of its re-development. Only the Joyce theater remains of the original four.

continued+

Monday, April 30, 2007

South Tribeca and Battery Park City's changing skyline

downtown new developments

tribecaHere's a point of view that not many get to see of the changes underway in south Tribeca and northern Battery Park City. These four massive developments are forever changing the character and density of the area. Even with West Street as a major dividing line between the communities, the visual and psychological connection of these areas is emerging both from this perspective, and from the street level. Thousands of Tribeca residents cross over to enjoy the Hudson River waterfront esplanade at Rockefeller Park every day.

continued+

Saturday, April 28, 2007

Giant director missing at Tribeca Film Festival

Tribeca

tribecaThe week of the Tribeca Film Festival is upon us once again. Popcorn flows freely outside of PS 234, the restaurants look busy, and this empty director's chair was found outside of the Franklin Street subway station. Presumably for some big director (over 25 feet to be exact) whom to date, has not showed up. The streets of the neighborhood turn into the biggest and most well funded NYC block party next Saturday, May 5th for the Family Festival. Get the full schedule of events at the official Tribeca Film Festival site. The little people under the chair proved to be quite knowledgeable as well. Read about it in: The Tribeca Trib, The New York Times, New York Sun, and film reviews at Spout.

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