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December 26, 2011

Building New York: Biggest Real Estate News in 2011

International Business Times
by Roland Li

Here are five of the biggest developments of 2011 and an outlook for the future:
...

5. Bold visions for the future

It's one thing to be bullish on New York -- and another to reinvent the skyline.

Danish architect Bjarke Ingels' pyramidal design for the Durst Organization on West 57th Street was one of the most innovative visions for New York, but hardly alone for its boldness. (The project is undergoing land use review.) A Columbia University proposal considered using landfill to create new ground between Lower Manhattan and Governors Island, dubbing the hypothetical neighborhood LoLo. Forest City Ratner is using prefabricated material for its controversial Atlantic Yards project in Downtown Brooklyn -- potentially changing the way buildings are built in the city.

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NoLandGrab: Actually, Forest City Ratner is saying that it might use prefabricated material for buildings it may never have the means to build. More like "bold hallucinations for the future."

Posted by eric at December 26, 2011 9:52 AM