Real Estate

Post image for The Guggenheim’s Spiral, 13 Stories Taller

The Athens-based architecture practice Oiio Architecture Office has offered up a riff on an icon — they’ve taken Frank Lloyd Wright’s Guggenheim museum and mutated it, adding 13 more floors onto the structure’s famous spiral.

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Post image for The Beginning of the End of 5Pointz?

Some call it “The United Nations of Graffiti.” Its semi-official title, spelled out in giant letters on its main wall, is “The Institute of Higher Burnin,” though you’ll also find it described as “the world’s premiere ‘graffiti Mecca’” on its website. Now there are questions about how long it will last.

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Post image for Strange Bedfellows: BAM And The Barclay Center

The Atlantic Yards project in Brooklyn is looking to the Brooklyn Academy of Music to serve as its cultural consultant – and not everyone is happy about that.

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Post image for Manhattan Museums Play Monopoly

This week has been pretty huge for New York City’s museum community. Newly announced shake-ups mean that the Metropolitan Museum will be taking over the Whitney’s uptown Breuer building as the younger institution heads downtown to a new Renzo Piano-designed space. The Museum of Modern Art is buying the embattled American Folk Art Museum’s 10 year-old building down the block, a sale that has become necessary with the Folk Art Museum’s low admission sales and mounting debt, caused in part by the construction of the building. With all this property-buying and hotel museum-building, New York City has become a giant Monopoly board for art institutions. The question remains — who gets the railroads?

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Post image for Palazzo Koons Rises on the Upper East Side

It seems as though all those hanging hearts, flower puppies and porn paintings are finally paying off for Jeff Koons, as the superstar artist has begun to plan the renovation of two enormous Upper East Side townhouses into one giant SUPERMANSION! The artist purchased 11 East 67th Street in 2009 for a cool $12 million while its neighboring 13 East 67th Street came in at $20 million. Now, architecture firm Ennead Architects is requesting permits for a $5 million renovation that will make the two buildings one, Curbed reports.

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