Our dear friends Mike Bloomberg and Arnold Schwarzenegger and their pal Ed Rendell dropped by Washington this weekend, first to visit with President Obama and then, today, Meet the Press. They were in town to promote their two-month old partnership, Building America’s Future, which seeks to promote the reconstruction of the nation’s aging infrastructure along with its expansion into the future. Read More
Images and reports are spiraling out across the Web of a fire taking hold at the hotel adjacent OMA’s CCTV Tower. (Building calls it the TVCC tower.) Details, at least in English, remain slim, but a translation of Chinese reports suggest the fire broke out at 9:21 p.m. local time, or just after eight o’clock this morning in New York. A call to OMA’s New York office did confirm that the fire was in their building, which is still under construction, though all further inquiries were directed to the Rotterdam HQ. Read More
So it comes to this. Later tonight–6:30 to be exact–the Municipal Art Society will hold its final meeting on Coney Island, where it will take comments from the community, present the work of its charrette team, and, finally, present their recommendations to the city, a copy of which AN has received. The group’s timing couldn’t be better because we have also learned that the city is to certify its own long-simmering plans for Coney on Tuesday. Meanwhile, the entire neighborhood has gone (further) to pot. Read More
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
The opening yesterday in Father Duffy Square of the new TKTS booth—conceived 35 years before the current trend in pop-up venues—was attended by Mayor Bloomberg, Bernadette Peters, and loyal members of the 69th, if not the naked cowboy. Even the original designers of the red steps, Australians Tai Ropiha and John Choi, were on hand, although organizers were quick to call their competition winning design (best of 683 entries from 31 countries) of January 2000, just a concept.
Few buildings have sparked as much architectural criticism as Two Columbus Circle, the new home of the Museum of Arts and Design (MAD). Brad Cloepfil’s firm Allied Works has designed the new museum, set within the bones of Edward Durrell Stone’s old building. Critical reaction has been split, though the MAD haters seem to outnumber the fans. Read More