Enormous viaducts like this are one reason for the project's ballooning cost estimates Well, the other shoe has finally dropped: the California High-Speed Rail Peer Review Group is recommending that the state legislature not authorize the issue of $2.7 billion in bonds to begin paying for the … [Read more...]
Qatar’s Skyscraper Diplomacy
London’s Shard tower, soon to be the tallest in Europe, is, financially speaking, a bit puzzling. Europe is in the midst of an economic crisis, and London’s Southwark, across from the skyscraper-crazed City of London, is gentrifying, but not the safest place for a massive real estate … [Read more...]
A Roosevelt Island Campus To Make Le Corbusier Proud
Cornell-Technion has released another “fly-over” video, this one focused on the interior. But it does shed a bit more light on what the development will look like from the ground, and it ain’t pretty – the campus will be laid out in a fairly Corbusian plan, replete with lots of … [Read more...]
As I Was Saying About Tech In Dumbo…
The sky's the limit for Dumbo! Last night I wrote a blog post about tech development in New York City, arguing that before the city pours money into a science campus for Cornell on Roosevelt Island, its planners should make more room for entrepreneurs in existing tech hubs like Union Square and … [Read more...]
The Lord Gave To NYC Tech Start-Ups And Universities, And The Lord Hath Taken Away
Stanford's (losing) vision for Roosevelt Island, with requisite acres of green Big news out of New York City: Stanford pulled out of Bloomberg’s applied sciences university “competition” after Cornell got an enormous donation, leaving the upstate university the front runner to … [Read more...]
The Central Park Caper And Transit NIMBYism
It has often been suggested that one of the reasons that American subway construction is so expensive is that our laws are too friendly to NIMBYs. That is to say, contractors will be paid to engineer expensive, long-term solutions to avoid short-term disruptions to neighbors during construction. The … [Read more...]
Betting the Farm on Oregon Iron Works
"Made in USA"...and don't you forget it! United Streetcar, led by its former lobbyist, Chandra Brown, is ostensibly a manufacturer, though its greatest asset seems to be its ability to win government contractors.... … [Read more...]
Real Estate and Revolution in Moscow
From an interesting NYT analysis of Russia’s new protesting class – young, urban, and doing pretty well: It is a paradox, but one that has been documented by social scientists: the residents of Moscow and other large cities tend to express greater frustration with Prime Minister Putin as his … [Read more...]