→ the Value of Design in Real Estate Development ↓

Total Page:16

File Type:pdf, Size:1020Kb

→ the Value of Design in Real Estate Development ↓ The Value of Royal Gold Gold Gold AWARDED ARCHITECTS Study Medal Medal Medal Architects who won the lifetime achievement awards ↓ and/or innovation awards Results Design in Organization Organization Organization RIBA AIA UIA Aldo Rossi 557 Broadway How often How often How often '90 When controlling for location and transaction 555 Broadway Real Estate Annual Annual Triennial time, building features and transaction First awarded First awarded First awarded features, the result of the hedonic analysis 1848 1907 1984 Alvar Alto 809 UN Plaza Award Criteria '63 suggests that buildings designed by awarded Development → From 1950 From 1950 From 1950 69 awarded 59 awarded 26 awarded architects/firms are transacted with a Jean Nouvel '01 '08 45-47 W 53rd St This study investigates the financial performance A total of 18 awarded architects/firms have 23.1% premium than buildings that are de- Golden Innovator National of awarded architectural design for commercial designed 56 buildings in Manhatta, and 89 César Pelli 3 World Financial Center signed by non-awarded architects. Lion Awards Desgin Award '95 office buildings in Manhattan, New York. transactions were observed. Within the 18 4 World Financial Center 900 3rd Avenue 35 firms, 4 firms have received more than 2 Organization Organization Organization NY Mercantile Exchange Venice WSJ Cooper Hewitt 32.1% *** awards from 3 award categories Biennale How often How often How often Annual Annual Norman Foster '83 '94 '99 610 Lexington Avenue Biennial First awarded First awarded 425 Park Avenue 30 First awarded 2010 2000 2000 From 1950 From 1950 Fumihiko Maki 51 Astor Place ↓ Control Group Data From 1950 7 awarded 26 awarded '11 '93 '93 12 awarded Mies van der Rohe '59 '60 Seagram Building In order to understand the effect of the 25 awarded architects and firms on the transac- Architecture Pritzker 23.1% *** Firm Award Prize Philip Johnson '78 '79 5 East 44th Street tion price, we matched each of the awarded Sony Plaza About the Project 20.9% *** Awarded design is based on the buildings in this sample to nearby commer- Organization Organization Lipstick Building achievement of the architect and/or AIA Pritzker the architecture firm receiving presti- cial buildings in the similar location using the How often Foundation 20 gious awards from the industry such Walter Gropius '56 '59 200 Park Avenue cONTROL GROUP DATA as the Pritzker prize, AIA Architecture Geographic Information System (GIS). Annual How often 17.7% * PROcESS, GIS Firm Award, the Architectural Innova- First awarded Annual tion Award of the Wall Street Journal to 1962 First awarded name just a few. To measure financial AWARDED ARCHITECTS & FIRMS From 1950 1978 performance, I use several datasets, Architects/firms who won both award groups Real Capital Analytics, Compstak, 55 awarded From 1950 15 Walkscore and NYC public data for 41 awarded New York City. To identify awarded Edward L. Barnes 499 Park Avenue design and compare it to non-awarded '07 '80 design, I employ a matched-pair anal- 7 Byant Park ysis. I find 846 building transactions AWARDED FIRMS with 89 awarded design transactions 10 that are matched geographically to Architecture firms who won the AIA Architecture Firm Award I.M.Pei '10 '14 '68 JP Morgan Chase HQ 757 nonawarded design transactions Deutsche Bank HQ within a quarter mile radius over the 31 West 52nd Street 2000 to 2017 period. The results of Davis Brody Bond 100 William '79 '83 '03 '75 750 Seventh Avenue the multivariate hedonic analysis sug- Five Manhattan West gest that, compared with buildings in the quartermile neighborhood, office 5 buildings designed by awarded archi- Kevin Roche 125 West 55th Street Gensler 233 Spring Street '93 '82 '74 tects and awarded architecture firms '00 Ave of Americas Plaza 161 6th Avenue have a statistically and economically 787 Seventh Avenue significant transaction premium of 23.1 percent, ceteris paribus, with a model that explains just under 90 KPF 745 7th Avenue '90 Skidmore Orell & 12 West 57th Street percent of the variation in transac- Five TIme Square '57 '83 '88 0 (%) tion price. Results of this analysis are Merril (SOM) Paine Webber Building One Vanderbilt intended as way for designers to have Marine Midland Bank 111 Murray Street '96 Awarded Awarded Awarded Awarded agency in the design build develop- Bertelsmann Building ment practice and for developers and 1100 6th Avenue Designs Architects Firms Architects 300 Madison Avenue investors to understand the value of 441 8th Avenue & Firms engaging in awarded design effects. 34-36 East 51st Street 10 Hudson Yards One Manhattan West Significance*** About the Lab Asterisks in a regression table indicate the level of the statistical significance of a The MIT Real Estate Innovation Lab is Two Manhattan West regression coefficient. an R&D lab at the MIT’s SA+P, Center Murphy / Jahn ‘05 425 Lexington Avenue 450 Lexington Avenue *** p<0.01, ** p<0.05, * p<0.1 for Real Estate that works with public 65 East 55th Street 461 5th Avenue and private data providers to link COEFFICIENT % design and innovation to financial 510 5th Avenue The standard error is our estimate of the standard deviation of the coefficient. performance in the built environment. Worldwide Plaza Hugh Stubbins Citi Group Center '67 830 3rd Avenue NOTE: Support The regression model controls for location and transaction time, building features We are grateful for the support of our (age, number of floors, building area, land parcel area, building class, renovation, data providers, and in particular, the and walk score), and transaction features (buyer type, seller type, and lender type) founding lab partners. THE VALUE OF DESIGN FALL 2018 The series of maps show the Building Designed by identify All Other Office Buildings location of the treated buildings, Create 0.25 Mile Radius quarter mile radius, and the Awarded Architect / Firm identification in Database within Radius filtered data points. The Value of Awarded Design in Real Estate Development Control Group Data 47.
Recommended publications
  • Pritzker Architecture Prize Laureate
    For publication on or after Monday, March 29, 2010 Media Kit announcing the 2010 PritzKer architecture Prize Laureate This media kit consists of two booklets: one with text providing details of the laureate announcement, and a second booklet of photographs that are linked to downloadable high resolution images that may be used for printing in connection with the announcement of the Pritzker Architecture Prize. The photos of the Laureates and their works provided do not rep- resent a complete catalogue of their work, but rather a small sampling. Contents Previous Laureates of the Pritzker Prize ....................................................2 Media Release Announcing the 2010 Laureate ......................................3-5 Citation from Pritzker Jury ........................................................................6 Members of the Pritzker Jury ....................................................................7 About the Works of SANAA ...............................................................8-10 Fact Summary .....................................................................................11-17 About the Pritzker Medal ........................................................................18 2010 Ceremony Venue ......................................................................19-21 History of the Pritzker Prize ...............................................................22-24 Media contact The Hyatt Foundation phone: 310-273-8696 or Media Information Office 310-278-7372 Attn: Keith H. Walker fax: 310-273-6134 8802 Ashcroft Avenue e-mail: [email protected] Los Angeles, CA 90048-2402 http:/www.pritzkerprize.com 1 P r e v i o u s L a u r e a t e s 1979 1995 Philip Johnson of the United States of America Tadao Ando of Japan presented at Dumbarton Oaks, Washington, D.C. presented at the Grand Trianon and the Palace of Versailles, France 1996 1980 Luis Barragán of Mexico Rafael Moneo of Spain presented at the construction site of The Getty Center, presented at Dumbarton Oaks, Washington, D.C.
    [Show full text]
  • Open Source Architecture, Began in Much the Same Way As the Domus Article
    About the Authors Carlo Ratti is an architect and engineer by training. He practices in Italy and teaches at the Massachusetts Institute of Technology, where he directs the Senseable City Lab. His work has been exhibited at the Venice Biennale and MoMA in New York. Two of his projects were hailed by Time Magazine as ‘Best Invention of the Year’. He has been included in Blueprint Magazine’s ‘25 People who will Change the World of Design’ and Wired’s ‘Smart List 2012: 50 people who will change the world’. Matthew Claudel is a researcher at MIT’s Senseable City Lab. He studied architecture at Yale University, where he was awarded the 2013 Sudler Prize, Yale’s highest award for the arts. He has taught at MIT, is on the curatorial board of the Media Architecture Biennale, is an active protagonist of Hans Ulrich Obrist’s 89plus, and has presented widely as a critic, speaker, and artist in-residence. Adjunct Editors The authorship of this book was a collective endeavor. The text was developed by a team of contributing editors from the worlds of art, architecture, literature, and theory. Assaf Biderman Michele Bonino Ricky Burdett Pierre-Alain Croset Keller Easterling Giuliano da Empoli Joseph Grima N. John Habraken Alex Haw Hans Ulrich Obrist Alastair Parvin Ethel Baraona Pohl Tamar Shafrir Other titles of interest published by Thames & Hudson include: The Elements of Modern Architecture The New Autonomous House World Architecture: The Masterworks Mediterranean Modern See our websites www.thamesandhudson.com www.thamesandhudsonusa.com Contents
    [Show full text]
  • FLI Schedules - 1-16-07 in Re: FABRIKANT-LEER INTERNATIONAL, LTD., Debtor
    United States Bankruptcy Court Southern District of New York In re: FABRIKANT-LEER INTERNATIONAL, LTD., Debtor. Case No. 06-12739 (SMB) Chapter 11 SUMMARY OF SCHEDULES Indicate as to each schedule whether that schedule is attached and state the number of pages in each. Report the totals from Schedules A, B, D, E, F, I, and J in the boxes provided. Add the amounts of all claims from Schedules A and B to determine the total amount of the debtor’s assets. Add the amounts of all claims from Schedules D, E, and F to determine the total amount of the debtor’s liabilities. Individual debtors must also complete the “Statistical Summary of Certain Liabilities and Related Data” if they file a case under chapter 7, 11, or 13. ATTACHED NO. OF NAME OF SCHEDULE ASSETS LIABILITIES OTHER (Yes/No) SHEETS A - Real Property Yes 1 $ 0 B - Personal Property Yes 4 149,451,077 C - Property Claimed as Exempt Yes 1 D - Creditors Holding Secured Claims Yes 1 $ 161,947,902 E - Creditors Holding Unsecured Priority Claims (Total of Claims of Yes 2 390,177 Schedule E) F - Creditors Holding Unsecured Yes 2 119,861,635 Non Priority Claims G - Executory Contracts and Yes 1 Unexpired Leases H - Codebtors Yes 1 I - Current Income of Individual Debtor(s) Yes 1 N/A J - Current Expenditures of Individual Yes 1 N/A Debtor(s) TOTAL 15 $149,451,077.20 $282,199,714.42 FLI Schedules - 1-16-07 In re: FABRIKANT-LEER INTERNATIONAL, LTD., Debtor. Case No. 06-12739 (SMB) Chapter 11 SCHEDULE A - REAL PROPERTY Except as directed below, list all real property in which the debtor has any legal, equitable, or future interest, includingall property owned as a co-tenant, community property, or in which the debtor has a life estate.
    [Show full text]
  • University of Cincinnati
    UNIVERSITY OF CINCINNATI Date:___________________August 12, 2008 I, _________________________________________________________,Heather Farrell-Lipp hereby submit this work as part of the requirements for the degree of: Master in Architecture in: The School of Architecture and Interior Design It is entitled: Strategies between old and new: adaptive use of an industrial building This work and its defense approved by: Chair: _______________________________Michael McInturf _______________________________Jeffery Tilman _______________________________ _______________________________ _______________________________ Strategies between Old and New: Adaptive Use of an Industrial Building A thesis submitted to the Division of Research and Advanced Studies of the University of Cincinnati for partial fulfillment of the requirements for the degree of Master of Architecture In the School of Architecture and Interior Design August 12 2008 By Heather Farrell-Lipp Thesis committee: Michael McInturf, Jeffery Tilman Abstract ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ In the complex, fast-paced environment of this country, we have often disposed of building stock that could have been potentially adapted to meet our changing needs leaving environments with no connection to the past or local identity. This haphazard way of approaching our environment takes no advantage of our ability as sentient beings to truly engage in eloquent, sustainable combinations of the old and new. Through engaging the question of what we truly value in this country and how that can be defined through architectural quality, we look at a series of case studies that have successfully expressed a combination between the old and the new. This thesis defines some guiding principles inherent in successful resolutions. It does not give specified stylistic requirements but rather suggests that the old be fully understood, respected and engaged as part of a final combination with a clear hierarchy culminating in a unified expression.
    [Show full text]
  • Philip Johnson, Architecture, and the Rebellion of the Text: 1930-1934
    PHILIP JOHNSON, ARCHITECTURE, AND THE REBELLION OF THE TEXT: 1930-1934 The architect Philip Johnson, intermittently famous for provocative buildings— his modernist Glass House, 1949, and the Postmodern AT&T (now Sony) Building, 1984—will be remembered less for his architecture than for his texts. He first made a reputation as co-author (with Henry Russell Hitchcock) of the 1932 book The Interna- tional Style, which presented the European Modern Movement as a set of formal rules and documented its forms in photographs. In 1947, on the verge of a career in archi- tectural practice, Johnson authored the first full-length monograph on Mies van der Rohe. To these seminal texts in modernism’s history in America should be added a number of occasional writings and lectures on modern architecture. In addition, the exhibitions on architecture and design Johnson curated for the Museum of Modern Art (MoMA), beginning with the seminal Modern Architecture in 1932, should also be considered texts, summarizing, or reducing, architectural experience through selected artifacts and carefully crafted timelines. In the course of a very long career, Johnson was under almost constant fire for de-radicalizing modernism, for reducing it to yet another value-free episode in the history of style, or even of taste. The nonagenarian Johnson himself cheerfully con- fessed to turning the avant-garde he presented to America into “just a garde” (qtd. in Somol 43). Yet in 1931 Johnson described the spirit of his campaign for modernism as “the romantic love for youth in revolt, especially in art, universal today” (Johnson, Writings 45).
    [Show full text]
  • “HERE/AFTER: Structures in Time” Authors: Paul Clemence & Robert
    FOR IMMEDIATE RELEASE Book : “HERE/AFTER: Structures in Time” Authors: Paul Clemence & Robert Landon Featuring Projects by Zaha Hadid, Jean Nouvel, Frank Gehry, Oscar Niemeyer, Mies van der Rohe, and Many Others, All Photographed As Never Before. A Groundbreaking New book of Architectural Photographs and Original Essays Takes Readers on a Fascinating Journey Through Time In a visually striking new book Here/After: Structures in Time, award-winning photographer Paul Clemence and author Robert Landon take the reader on a remarkable tour of the hidden fourth dimension of architecture: Time. "Paul Clemence’s photography and Robert Landon’s essays remind us of the essential relationship between architecture, photography and time," writes celebrated architect, critic and former MoMA curator Terence Riley in the book's introduction. The 38 photographs in this book grow out of Clemence's restless search for new architectural encounters, which have taken him from Rio de Janeiro to New York, from Barcelona to Cologne. In the process he has created highly original images of some of the world's most celebrated buildings, from Frank Lloyd Wright's Guggenheim Museum to Frank Gehry's Guggenheim Bilbao. Other architects featured in the book include Ludwig Mies van der Rohe, Oscar Niemeyer, Mies van der Rohe, Marcel Breuer, I.M. Pei, Studio Glavovic, Zaha Hadid and Jean Nouvel. However, Clemence's camera also discovers hidden beauty in unexpected places—an anonymous back alley, a construction site, even a graveyard. The buildings themselves may be still, but his images are dynamic and alive— dancing in time. Inspired by Clemence's photos, Landon's highly personal and poetic essays take the reader on a similar journey.
    [Show full text]
  • The New Executive Offices Represent the New Standard for Boutique Office Space in New York City
    The new Executive Offices represent the new standard for boutique office space in New York City. The entry features an iconic 93-foot glass totem that reflects the spirit and design of the soaring 96-story residential tower at 432 Park Avenue. The offices are exceptionally spacious, with large column-free spans, flexible floor plates and ceiling heights of more than fifteen feet. Uninterrupted floor-to-ceiling windows allow for an abundance of natural light to illuminate each space. Strong, expansive and sleek, the floors offer the highest-quality office space for the most demanding tenants. 432 Park Avenue Executive Offices & Retail Entry Diagram Angled Entry & Iconic Glass Totem Private Lobby Angled Entry & Iconic Glass Totem Reception Private Corner Office Analysts/Trading Conference Room Collaborative Seating Area Analysts/Trading/Support Abundant Natural Light 12'-6" 15'-6" Vision Finished Slab to Slab Glass Ceiling Height 9'-0" 10'-6" Vision Finished Slab to Slab Glass Ceiling Height 432 Park Avenue Executive Offices Traditional Office Typical Section at Curtain Wall Typical Section at Curtain Wall with Perimeter PTAC Building Facts Location Floor Sizes Electrical Located at the base of 432 Park 4 levels of 17,600+ RSF per floor Approximately 12 watts per sq ft Avenue Tower, the Western exclusive of base building load; 460 Hemisphere’s tallest residential Finished Ceiling Heights volt, 3 phase main service with building at 1,396' tall 12'-6" redundant Con Edison feeds Design Slab to Slab Heights HVAC Iconic entry design with 93' tall cut 15'-6" Roof mounted 675 ton cooling tower out and glass totem for condenser water system dedicated Column Spacing Modern private lobby featuring for commercial/retail units.
    [Show full text]
  • City Plots Huge Land Deal with U.N. Garment Center Rezoning Shelved
    20100614-NEWS--0001-NAT-CCI-CN_-- 6/11/2010 8:11 PM Page 1 REPORT HEALTH CARE HE’S THE MR. FIX-IT OF THE HOSPITAL BIZ And now he’s set his sights on Manhattan P. 15 ® Plus: a new acronym! P. 15 INSIDE VOL. XXVI, NO. 24 WWW.CRAINSNEWYORK.COM JUNE 14-20, 2010 PRICE: $3.00 TOP STORIES Gulf oil disaster Garment spills into NY lives center PAGE 2 High expectations for NYC’s tallest rezoning apartment tower PAGE 3 shelved Wall Street’s Protests, new views on summer bummer area’s value block plans IN THE MARKETS, PAGE 4 to decimate district Why LeBron James can have his cake BY ADRIANNE PASQUARELLI and eat it, too after months of protests, New York NEW YORK, NEW YORK, P. 6 City is quietly backing away from a se- ries of highly controversial proposals to rezone the 13-block garment center. Among those was a plan announced BUSINESS LIVES last April that would have taken the 9.5 million-square-foot manufacturing district and sewn it into a single 300,000-square-foot building on West 38th Clocking Street. $10B getty images “We always knew ANNUAL BY JEREMY SMERD that was kind of a CONTRIBUTION to the ridiculous proposal,” New York City in march 2003, executives at software company says Nanette Lepore, a economy Science Applications International Corp. were fashion designer who GOTHAM GIGS CityTime scrambling for a way out of a deal with the city to has been at the forefront of the battle to build a timekeeping system for its 167,000 munic- fight rezoning of the district.
    [Show full text]
  • United States Securities and Exchange Commission Form
    UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): June 6, 2008 BOSTON PROPERTIES LIMITED PARTNERSHIP (Exact name of registrant as specified in its charter) Delaware 0-50209 04-3372948 (State or other jurisdiction (Commission File Number) (IRS Employer of incorporation) Identification No.) 800 Boylston Street, Suite 1900, Boston, Massachusetts 02199-8103 (Address of principal executive offices) (Zip Code) (617) 236-3300 (Registrant’s telephone number, including area code) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Item 1.01. Entry into a Material Definitive Agreement. Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. On June 6, 2008, Boston Properties Limited Partnership (the “Company”) a Delaware limited partnership and the entity through which Boston Properties, Inc. conducts substantially all of its business, utilized an accordion feature under its Fifth Amended and Restated Revolving Credit Agreement with a consortium of lenders to increase the current maximum borrowing amount under the facility from $605 million to $923.3 million, and the Company expects to further increase the maximum borrowing amount to $1 billion in the near future.
    [Show full text]
  • Defining Architectural Design Excellence Columbus Indiana
    Defining Architectural Design Excellence Columbus Indiana 1 Searching for Definitions of Architectural Design Excellence in a Measuring World Defining Architectural Design Excellence 2012 AIA Committee on Design Conference Columbus, Indiana | April 12-15, 2012 “Great architecture is...a triple achievement. It is the solving of a concrete problem. It is the free expression of the architect himself. And it is an inspired and intuitive expression of the client.” J. Irwin Miller “Mediocrity is expensive.” J. Irwin Miller “I won’t try to define architectural design excellence, but I can discuss its value and strategy in Columbus, Indiana.” Will Miller Defining Architectural Design Excellence..............................................Columbus, Indiana 2012 AIA Committee on Design The AIA Committee on Design would like to acknowledge the following sponsors for their generous support of the 2012 AIA COD domestic conference in Columbus, Indiana. DIAMOND PARTNER GOLD PARTNER SILVER PARTNER PATRON DUNLAP & Company, Inc. AIA Indianapolis FORCE DESIGN, Inc. Jim Childress & Ann Thompson FORCE CONSTRUCTION Columbus Indiana Company, Inc. Architectural Archives www.columbusarchives.org REPP & MUNDT, Inc. General Contractors Costello Family Fund to Support the AIAS Chapter at Ball State University TAYLOR BROS. Construction Co., Inc. CSO Architects, Inc. www.csoinc.net Pentzer Printing, Inc. INDIANA UNIVERSITY CENTER for ART + DESIGN 3 Table of Contents Remarks from CONFERENCE SCHEDULE SITE VISITS DOWNTOWN FOOD/DINING Mike Mense, FAIA OPTIONAL TOURS/SITES
    [Show full text]
  • Shieldalloy Metallurgical Corporation, US Bankruptcy Court Southern
    WEIL, GOTSHAL & MANGES LLP PRESENTMENT DATE : Attorneys for Debtors March 8, 1996 in Possession 12:OO noon 767 Fifth Avenue New York, New York 10153 (212) 310-8000 John J Rapisardi, Esq. (JR-7781) UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF NEW YORK ............................. -X Chapter 11 Case Nos. In re 93 B 44468 (JLG) 93 B 44469 (JLG) METALLURG, INC., and (Jointly Administered) SHIELDALLOY METALLURGICAL CORPORATION, Debtors. ____________________~---------X NOTICE OF PROPOSED ORDER PURSUANT TO SECTION ll2l(d) OF THE BANKRUPTCY CODE EXTENDING DEBTORS' EXCLUSIVE PERIOD IN WHICH TO SOLICIT ACCEPTANCES OF A PLAN OF REORGANIZATION PLEASE TAKE NOTICE that upon the annexed motion, dated February 29, 1996 (the IfMotionlt)of Metallurg, Inc. (I1Metallurgt1)and Shieldalloy Metallurgical Corporation (ttShieldalloytt),as debtors and debtors in possession in the above captioned cases (collectively, the "Debtors"), for an order, pursuant to section ll2l(d) of title 11, United States Code (the "Bankruptcy Code"), extending the period during which the Debtors shall have the exclusive right to solicit acceptances of their plan of reorganization to and including July 15, 1996, the undersigned will present for signature the attached order to the Honorable James L. 5'603180375 960308 PDR AD(3CK 04007102 c PDR NY FS05.. .: \40\63140\0003\1622\N012226J .43A Garrity on &&-,1996 at 12:OO noon) in Room 610-2 of the United States Bankruptcy Court, Alexander Hamilton Customs 0 House, One Bowling Green, New York, New York 10004, PLEASE TAKE FURTHER
    [Show full text]
  • Friedrichstrasse in Berlin and Central Street in Harbin As Examples1
    View metadata, citation and similar papers at core.ac.uk brought to you by CORE HISTORICAL URBAN FABRIC provided by Siberian Federal University Digital Repository UDC 711 Wang Haoyu, Li Zhenyu College of Architecture and Urban Planning, Tongji University, China, Shanghai, Yangpu District, Siping Road 1239, 200092 e-mail: [email protected], [email protected] COMPARISON STUDY OF TYPICAL HISTORICAL STREET SPACE BETWEEN CHINA AND GERMANY: FRIEDRICHSTRASSE IN BERLIN AND CENTRAL STREET IN HARBIN AS EXAMPLES1 Abstract: The article analyses the similarities and the differences of typical historical street space and urban fabric in China and Germany, taking Friedrichstrasse in Berlin and Central Street in Harbin as examples. The analysis mainly starts from four aspects: geographical environment, developing history, urban space fabric and building style. The two cities have similar geographical latitudes but different climate. Both of the two cities have a long history of development. As historical streets, both of the two streets are the main shopping street in the two cities respectively. The Berlin one is a famous luxury-shopping street while the Harbin one is a famous shopping destination for both citizens and tourists. As for the urban fabric, both streets have fishbone-like spatial structure but with different densities; both streets are pedestrian-friendly but with different scales; both have courtyards space structure but in different forms. Friedrichstrasse was divided into two parts during the World War II and it was partly ruined. It was rebuilt in IBA in the 1980s and many architectural masterpieces were designed by such world-known architects like O.M.
    [Show full text]