At this point, the record breaking sales of luxury apartments in Midtown are not really news. As the towers rise higher, so do the prices. This has been the trend for quite some time and it shows no signs of slowing down. With that said, did you hear about the one Downtown? Bloomberg reported that the nine-story penthouse at Cass Gilbert’s Woolworth Building is expected to be listed for $110 million. The top 30 floors of the tower are currently being converted into luxury apartments, but the penthouse is quite literally Woolworth’s crown jewel—and it is priced as such.
In spite of angry protests from neighborhood advocates and preservation groups, New York City Council unanimously approved plans Tuesday afternoon to upzone Chelsea Market. The developer, Jamestown Properties, intends on building 300,000-square-feet of office space designed by Studios Architecture that will sit right on top of current Chelsea Market. To move things along in their favor, Jamestown had agreed to give around $12 million to the High Line and $5 million to a fund to build affordable housing, in addition to another $1 million to help launch an internship program at the nearby Fulton Houses.
Spiraling Out of Control. Salt Lake Tribune reported that the New York-based Dia Foundation‘s failure to pay the annual land fees for Robert Smithson‘s Spiral Jetty has resulted in the state of Utah’s appropriation of the artist’s famous “earthwork masterpiece.” Dia subsequently released a statement explaining that they were not aware of the pressing payment and are in negotiations with the state to ensure the water sculpture’s preservation. Artinfo digs deeper to find that the problem could have been caused by a computer or clerical error and says the Dia Foundation hopes to have the matter resolved by the end of the week.
Bad Chemistry. According to DNA, Lower Chelsea residents are fighting to stop Alchemy Construction‘s development of a 30-story tower at 31 W. 15th Street. The development firm bypassed standard zoning regulations after securing air rights from the Xavier High School, which will utilize the lower floors as new classrooms and event space. The Lower Chelsea Alliance maintains that construction of the 300-foot tall building is already causing noise and odor pollution and insist the tower will ruin the neighborhood’s aesthetic character.
Good Mixing. Further uptown, the Wall Street Journal exposes the first gourmet food truck with a one-year liquor license. The city has permitted the Turkish Taco Truck in Central Park to serve beer, wine, and cocktails as long as it provides seating and remains parked. Now introducing: better lunch breaks.
Toxicology. The New York Times reveals the National Toxicology Program‘s recent report identifying formaldehyde and styrene as carcinogens. While consumers are at minimal risk due to the low quantities in wood construction materials and plastics, respectively, the chemicals pose a serious threat to factory workers. The industry is attempting to dispute these results, but some manufacturers have already sought alternative production.
Friend of AN Jeremiah Joseph visited an exhibition of interest in New York’s gallery district.
Et in Arcadia Ego, a new exhibition at the Thornton Room in Chelsea, examines the intersection and overlap of natural and man-made landscapes. With the title, roughly translated from Latin, “I am in pastoral utopia,” the show, curated by Blanca de la Torre and Juanli Carrion, could easily devolve into a Nature equals Good, City equals Bad equation. Instead, the way the six artists explore the topic is not so divisive or stale. The work tends to engage the subject from the side, generating surreal results. At the end any answers are farther off than before viewing the work, and this ambiguity is show’s strength. It prevents the viewer from standing too sure-footed and jumping ahead to conclusions and prejudices. Read More