The much-maligned Trump Soho can’t seem to get it right. Just two months after a construction worker died after a catastrophic on-site fall, which grounded the condo project for weeks, work was again stopped by the city over the weekend after yet another accident. Glass panels came crashing down the condo-hotel on Saturday, “knocked loose by a chain attached to construction equipment on the 26th floor,” according to the New York Sun. Unsurprisingly, critics of the project are quick to pounce on this recent snafu. “It seems like no matter what happens, [the project] at most just gets a temporary delay. But the city just lets them continue ahead. You'd think in light of the recent fatal accident, the developers and construction company would be extra safe and extra careful,” says Andrew Berman of the Greenwich Village Society for Historic Preservation, which is challenging Trump Soho on the grounds that the permits to build it shouldn’t have been issued by the city in the first place. “This project never should have been allowed in the first place, and if they cannot run their construction site safely, it should be shut down.” In response to the incident, Mayor Bloomberg has vowed to tighten construction safety and oversight on developers, but until all construction on Trump Soho stops for good, its vehement opponents are unlikely to be satisfied. — S. Jhoanna RobledoNew accident stops work at Trump SoHo tower as wind wreaks havoc [NYDN]
Earlier:Building Collapse at Trump Soho
Stribling's Luxury Market report has bad news for buyers, at least if you’re the type who needs three bedrooms and a library on Park. Prices aren’t expected to drop anytime soon, says Kirk Henckels, director of Stribling Private Brokerage (the luxe firm’s ultraluxe arm), who spoke to us today. Already, there have been four closed sales above $20 million this year — writer Georgia Shreve’s duplex penthouse at 1060 Fifth Avenue that sold for $46 million is one of the more memorable deals, given that it still needs work. And nine more blockbusters are in the offing. (Last year, we had eleven total!) “We’re already ahead of pace,” Henckels says. The under–$20 million market’s also percolating. “There’s just so little [available]. One came on yesterday, and it’s priced significantly higher than one across the street that went for $17 million last year — and it won’t last long.” Why all the action, despite continued ambivalence about the economy’s future? Though some buyers, spooked by talks of a slowdown, may have left the game, plenty are still on the lookout for their next mansion, Henckels says.
Two city commissioners revived plans last night to reinvent the jail system — and, they say, gloss up Atlantic Avenue in the bargain. Martin Horn, who runs Corrections and Probation, told a roomful of architects that marooning detainees on Rikers Island thwarts justice (“Nothing angers a judge more than having a jury impanelled and a defendant stuck in traffic on the BQE”) and tempts disaster (the one bridge to Rikers evidently sits between a jet-fuel tank and what Horn describes as “railroad cars full of chlorine gas”).
Long Island City won't be transitioning from Next Big Thing to Big Thing quite as quickly as some were planning. In August 2006, Alan and Stuart Suna, the brothers who run Silvercup Studios near the Queensboro Bridge, unveiled city-approved plans for Silvercup West: a new soundstage and offices and 1,000 apartments (150 priced for people of moderate means), plus retail, a gym, and an esplanade on the waterfront, all designed by Pritzker Prize–winning architect Richard Rogers and set to begin construction in 2008. But it's taken a year, Silvercup CEO Alan Suna says, to get permission to enter the site and test the soil around a power plant the team will have to clear. And now that the builders have gotten into the dirt, they've discovered that the bedrock was not where they expected it to be. Is there something toxic in there? Nobody will say. So when will we get this handsome new neighborhood? “We really can't give a target date at this point,” says Silvercup spokesperson Cara Marino Gentile. Adds Rogers spokesperson Paul Stelmaszczyk, “We are not currently working on any adjustments to the design.” That’s the sound of a project stalling out. LIC loft-dwellers have a little more time, it seems, to relish that pioneer spirit. —Alec Appelbaum
Developer Larry Silverstein says his new deal to build a Four Seasons hotel and condo tower downtown will help steer lower Manhattan through the banking industry's crisis, but not everyone in his circle is matching his strut. At a civic-alliance breakfast this morning, Silverstein presented his plan to replace the stately former Moody's headquarters, up Church Street from the Woolworth Building, with a 912-foot stone tower by 2011, creating the city's tallest residential building. The building's design is by neoclassicist Robert A.M. Stern, who worked up 15 Central Park West — which, Silverstein crowed, "broke all records for sales." But this morning, after some lukewarm talk about assisting in the rebirth of lower Manhattan "in a way that I'm comfortable with," Stern betrayed some major butterflies. "I never thought when I was growing up in New York that I'd get to design a building taller than the Woolworth Building," he told us. "That makes for sleepless nights and exciting mornings — I'm like a guy on the Titanic, and I just hope we don't crash." —Alec Appelbaum
Here's the argument Bruce Ratner's lawyers won't be making in court: "Please hurry up and make a decision on the lawsuits challenging Atlantic Yards, judges, because the delay is cutting into our profits." But while the sentiment goes unvoiced, that's what Ratner's current posturing is really all about. Last week Ratner's representatives filed papers with a state appellate panel seeking to expedite a ruling because "the credit markets are in turmoil at this time … There is a serious question as to whether, given the current state of the debt market, the underwriters will be able to proceed with the financing for the arena while the appeal is pending."