Quick Clicks> Fun in the Sun, Sun-Filled Fast, Transit Trending, and LEGO Gate
GE Solar Panel Carousel (Courtesy Will Giron via Inhabitat)
Solar-Powered Fun. New York City’s first solar merry-go-round just opened at the South Street Seaport, offering free rides to kids through September 7th. GE’s Carousolar is powered by 100 solar panels made of ultra thin semiconductors able to withstand extreme humidity and UV ray exposure. The green fun isn’t just for kids—GE also provided solar-powered cell phone charging stations for adults around the carousel, reported Inhabitat.
Sun-Filled Fasting. According to Dubai’s top cleric Mohammed al-Qubaisi, residents of the Burj Khalifa, world’s tallest skyscraper, will have to wait a few extra minutes to break their fast during Ramadan. Muslims living above the tower’s 80th floor should fast two additional minutes after dusk while those above the 150th floor wait an additional three minutes, The Guardian reported. Al-Qubaisi explained that just like early Muslims living in the mountains, the residents of the highest floors must adjust their fast due to the extended visibility of sunlight.
#ThingsNotToDoOnPublicTransportation. Public Transportation is trending on Twitter and the end result is a humorous user guide to transit etiquette. Transportation Nation rounded up some of their family-friendly favorites.
LEGO Gate. While not yet officially announced, European blogs have been abuzz that the Brandenburg Gate in Berlin will be the next in LEGO’s Architecture line of miniature real buildings. Unbeige revealed the series’ designer Adam Reed Tucker developed the Brandenburg model, representing the 2nd building outside of the US (the first was SOM’s Burj Khalifa tower in Dubai).
SHoP Floats
SHoP's plans for the South Street Seaport may be back from the dead. (Courtesy SHoP)
One of the many flashy architecture projects believed to have been killed off by the recession was SHoP’s highly impressionistic proposal for the waterfront portion of the South Street Seaport. The bankruptcy of mall owner and would-be developer General Growth Properties seemed to scuttle plans for the sail-and-net-inspired complex, but having emerged from court protection, GGP is evaluating what to do with its remaining properties and it appears SHoP may once again be in the mix. The company is being spun off into two pieces following its bankruptcy, with the one made up of mixed-use and development-worthy projects getting a $6.55 billion infusion from three outside investors. It remains up to this new person what to do with the Seaport, but a GGP spokesperson tells Downtown Express, “Presumably the new company would continue to pursue the highest, best use of that property, which we felt was the proposal we put out.” Should the project return, there is still the issue of appeasing the Landmarks Preservation Commission, which saw it as more barnacle than beautiful.
Not So Fast, Seaport Edition
SHoP's Seaport plans far from sunk. (Courtesy GGP)
The news that General Growth Properties–which is on the verge of bankruptcy due to a massive debt-load related to its acquisition of the Rouse Company in 2004–put three historic properties up for sale has led some observers to speculate that development plans for one of them–New York’s South Street Seaport–have hit the dustbin. Not so, AN has learned.
Rough Sailing
Thirty-five cents. One quarter, one dime. That’s how much—or how little—it cost to buy one share of stock in General Growth Properties at the end of trading today.
It’s been a rough year for the 54-year-old mall developer and operator as it stock has tumbled—in concert with the real estate and retail markets—from a high of $67 per share in March 2007. Yet that stock was still valued at $38 as recently as June 18, when the company announced its plans for new South Street Seaport. Even when it presented those plans to the Landmarks Preservation Commission on October 21, when the stocked closed at $4.84, GGP remained confident in the future of the project. But that was before Monday’s report in The Wall Street Journal that General Growth might file for bankruptcy. Read More
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