Word: condo
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Dates: during 2000-2009
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...prior three, even though probability says the odds are the same for every shot. That explains sellers' reluctance to cut prices, Peterson says. Academic studies also suggest that frustrated sellers take their homes off the market rather than accept lowball offers. It happened in Boston in 1991, when condo prices tanked and two-thirds of the inventory was withdrawn for sale, says Chris Mayer, a Columbia Business School professor. Sellers then had to wait up to six years for prices to hit their previous peak. Robert Shiller, a Yale economist who has long warned of a bubble, thinks price stagnation...
...tallest skyscraper, Alabbar is busy with undertakings from hotels in Miami to a convention center in Hyderabad, India. His eye-catching projects include the $26.6 billion construction of an entire new metropolis in the Saudi Arabian desert to be called King Abdullah Economic City and a global hotel and condo partnership with Italian designer Giorgio Armani...
...both his shimmering Agbar Tower in Barcelona and his new extension for the Reina Sofia Museum in Madrid. By comparison, Nouvel has been a latecomer to the U.S. After a number of false starts and canceled projects, the Guthrie will be his first completed U.S. commission. (His second, a condo building in New York City, opens later this year...
...based in Paris, has been one of the world's best-known and most closely followed architects. But he's a latecomer to the U.S. After a number of false starts and canceled projects, the Guthrie will be his first completed U.S. commission. (His second, a condo building in New York City, opens later this year.) Although stage productions won't begin until next month, the new Guthrie has its gala opening on June...
...neighborhood known as Jack London Square, a district of noodle factories and produce warehouses on Oakland Inner Harbor, is giving way to dozens of new loft-apartment and condo buildings. That explosion in private investment--although limited to only a few pockets of the city--is the centerpiece of Brown's tenure as mayor, the fulfillment of a promise he made eight years ago to bring 10,000 residents to downtown Oakland. Brown points to building after building, each financed with private capital, opening their doors to tenants or just completing construction. "That is new. That is new. That...