Famous buildings and architects in Manhattan

Interesting article from AMNew York, "Rise of Starchitecture."

In the mind of Rick Bell, the executive director of the American Institute of Architects’ New York chapter, all his fellow architects are stars.

It goes without saying, however, that the firmament on Gotham’s streets and skyline has gotten a lot brighter. As uncomfortable as architects may be with the term "starchitect," the word fittingly describes design masters who create buildings that “capture the imagination” and are simply superlative, Bell said.

Of course, New York historically has had no shortage of blockbuster stars: Frank Lloyd Wright and his Guggenheim Museum and Philip Johnson and his AT&T skyline “highboy” are among many examples. Multiple forces, however, converged to give rise to the ‘starchitect’ in the modern sense, observers told amNewYork.

New York hotel for sale in prime Canal Street / Lafayette Street

For Sale:  
28-Room Hotel with Significant Retail in top Manhattan, New York location.  Canal Street / Lafayette St in Chinatown/Soho neighborhood.  $29 million, 7% cap rate.

The Hunt: Chinatown with Wei Min Tan, Open House NYC

Weimin Tan brings client to view 2 bedroom condos in Tribeca and Financial District.  Weimin is a specialist with international / foreign investors looking to invest in Manhattan apartments and buildings.  He speaks Cantonese Chinese, Malay and Mandarin Chinese.

New York City 2010 Facts

This recession, NYC lost 4.8% of jobs, less than US avg of 7.3%

Wall Street Profits

NYSE member firms achieved record profits in 2009 after posting $50B in losses during the past 2 years.

Why buy Manhattan Property with a Broker

1.  Commission:
The commission is a pre-negotiated amount paid by the seller.  If a buyer has a broker, it's split 50/50 between the seller's and buyer's brokers.  Else, the seller's broker keeps it all.  There is no "discount" by going directly.

Manhattan vs US property market

Manhattan outperforms US housing market - WSJ article
Home Market:  Lots of Looking (link to Wall Street Journal article)


1.  New York City outperforms rest of the US housing market this summer.  Prices rising, employment grows.