The New York City Independent Budget Office (IBO) published a study detailing how the designation of historic districts in the city has affected home prices. The IBO found that prices for homes in historic districts have been consistently higher than those outside districts. In the report’s introduction, the IBO evaluates the relationship between historic districts and the correlation of higher
Changes in temperatures can be driven by the development of roads, infrastructure, and large buildings in a small area. Did you know that a “heat island” can be formed by replacing natural vegetation with concrete and urban structures, making a metropolitan area warmer than its surrounding areas? These elevated temperatures during warmer seasons create an increased demand for cooling solutions
One of the most adventurous additions to the New York City skyline is the innovative design of 53W53 by Pritzker Prize winner Architect Jean Nouvel. At a height of 1,050 feet and developed in step with the Museum of Modern Art’s 65,000 sq. ft. expansion, New York City now has a new, bold yet graceful exclamation point. 53W53 is a
