Week In R.E.view: Gehry and Hearst Go Up, Red Hook Goes Down

  • The only thing loftier than Gehry’s Tiffany jewelry is his 75-story Lower Manhattan apartment building and 22-acre Atlantic Yards development. (The New York Times)
  • Nothing gets hipsters riled up like a good argument over an eyesore Williamsburg waterfront factory.
  • What lucky Hearst employees will toil in the “resplendent” new tower on 57th and Eighth Ave.? Magazine staffers, of course. Surely they’ll be excited about the “shimmering crystal waterfall.” (The New York Times)
  • Peter Munk doesn’t just have a great Canadian surname, he also happens to be a billionaire. (Apparently gold mining pays off). He’ll make some more dough when his Trizec Properties is sold to Brookfield for $8.9 billion. People get ready: the deal might make Brookfield the city’s largest commercial property owner. (New York Post)
  • Is Red Hook ruined? (The Real Deal)