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Oceanwide Plaza, LA's unfinished high-rise graffiti mecca, faces impending sale

Archinect

The Chinese owners of the stalled residential, hotel and retail complex towering over Crypto.com Arena have hired real estate brokers to sell the property to buyers who could restart the project after work stopped in 2019. Another $865 million would be required to finish the block-scale development designed by CallisonRTKL.

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Empire State Development approves massive Penn Station redevelopment proposal

Archinect

The eight-member board of Empire State Development, the state’s economic development agency and the group steering the project, unanimously voted in favor. The Penn Station Redevelopment Plan is set to be one of the largest real estate projects in U.S.

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That TV Mansion You’re Coveting? How Series Like "Loot" and "Bridgerton" Film at Luxe Real Estate

Dwell

It’s real estate absurdity at its most opulent, which is why Dehghan says the property felt perfect for Loot. The show ended up shooting at The One , a Paul McClean–designed Bel Air property that, at about 105,000 square feet, holds the distinction of being the largest home in the United States.

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Penn Station redevelopment takes another step forward following financing approval

Archinect

Kathy Hochul’s loftiest projects, which is estimated to cost a total of $22 billion. Additionally, a part of the financing plan includes charging the developers of the 10 skyscrapers planned for the site a fee instead of collecting city real estate taxes.

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Work begins for Downtown Los Angeles' first new high-rise since the start of the pandemic

Archinect

Onni Group, the Canadian real estate development firm which has emerged as one of the most prolific builders in Downtown Los Angeles, has broken ground on the neighborhood's first high-rise building since the onset of the global pandemic.

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Brandon Haw Architecture creates masterplan for "last waterfront site" in Williamsburg

Deezen

Local studio Brandon Haw Architecture has created a masterplan for a development along the Brooklyn waterfront which will include five mixed-use towers created by design studios CookFox Architects , Rockwell Group and more. Construction has begun on the project, with its first phase estimated to be completed in 2025.

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Toronto proposes at 49% increase to development charges

Brandon Donnelly

The big news this week for Toronto city builders is that the city has put forward a proposal to substantially increase development charges. When our cost consultant ran the numbers back in 2019, the estimate was that about a quarter of the price of a new condominium in Toronto was going to government fees and taxes.