While the signs of economic recovery in Miami's real estate market were being reported last summer in anticipation of the December art and design fairs, the New York property scene was also undergoing something of a renaissance. Grand schemes have been brewing in different parts of town, developers have been in fervent planning and many leading architects are now flocking back to the city after the hiatus caused by the noughties' financial turbulence.
See the residential developments set to reshape New York’s skyline
The result? Construction is booming once again in Manhattan and beyond. And while in Miami the quest lies in creating the most iconic seaside condo with the best ocean views, greenest gardens and most exclusive pool bar, in New York, this friendly competition often turns to height.
The Rafael Viñoly-designed 432 Park Avenue tower - set to be the tallest residential building in the Western hemisphere - is already underway and slated for completion by 2015, while another mega-tower (designed to reach 411 metres high), the 111 West 57th Street by SHoP Architects, will break ground this summer. Also in the pipeline are somewhat shorter - yet still sizable and fittingly glamorous - luxury developments by some of the biggest names of international architecture, such as Zaha Hadid, BIG, Herzog & de Meuron and Shigeru Ban. Many of these flank the celebrated High Line, while others are high-end redesigns of NY classics such as the Walker Tower Residences.
Exclusive boutique projects are joined by larger complexes, such as the Hudson Yards development at the western edge of Manhattan. Diller Scofidio + Renfro and David Rockwell are working on its residential 15 Hudson Yards tower, while the gargantuan 28-acre scheme will also include an SOM-designed mixed use residential highrise, and luxury retail and office blocks. Meanwhile Hunter’s Point South in Long Island City by ODA will be a small town of commercial units and affordable housing.
The first wave of residential projects will see completion by 2015. The Tower Verre by Jean Nouvel is one of the latest additions to the city’s plans, scheduled to break ground in 2019. New York’s new luxury residential selection is growing by the day, joining the city’s big upcoming cultural and commercial buildings, such as the new Whitney Museum Renzo Piano and the landmark One World Trade Centre, which is gearing up for inauguration later this year.
-
How Augustinus Bader became a billion-dollar brand in four yearsCult skincare brand Augustinus Bader has just become one of the biggest businesses in beauty
-
Bentley Mulliner Batur is a ‘revolution’ for the brand, says director of design Andreas Mindt
The Bentley Batur is the ultimate expression of Bentley’s Mulliner division, a majestic two-door car that could light the way to an all-electric future
-
Roll up! It‘s the Faro Modernist Weekend’s inaugural edition
Faro Modernist Weekend, a festival dedicated to mid-century architectural delights in the Portugal’s Algarve, has just launched its first iteration
-
Take a Sarasota tour of modernist architecture with us
Join our ultimate Sarasota tour of modernist architecture, to explore some of the finest built-environment heritage in the region
-
This Connecticut retreat touches the ground lightly within woodland
This new creative Connecticut retreat combines generous interiors with a minimal footprint and light touch on the forest floor
-
Winter House is a Florida home designed for modernist living
Winter House by Steven Harris Architects is a Florida home that brings together serenity, nature and idyllic modernist living
-
Oza Sabbeth offers a modern take on a rural Sagaponack home
Living Levels by Oza Sabbeth is a Sagaponack home inspired by its site and local vernacular
-
Chicago coffee cart adds contemporary minimalism to Kenzo Tange building
Chicago coffee cart by Norman Kelley and Spencer McNeil serves up macchiatos and minimalism in iconic Kenzo Tange building
-
Halloween architecture: building design in horror films
Halloween architecture and the intricate building design that's transformed horror films
-
We visit Malin + Goetz founders’ balanced Upper West Side apartment
Matthew Malin and Andrew Goetz, the founding partners of beauty brand Malin + Goetz, are the owners of this New York apartment crafted by architecture firm Messana O’Rorke (MO’R), and featured in the studio's latest monograph, Building Blocks
-
Morphosis unveils flowing Orange County Museum of Art
Explore the curved shapes and expressive interiors of the Orange County Museum of Art by Morphosis, now open in California
