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	<title>Observer &#187; Wednesday: 42nd Street Fantasies; Whitney on the High Line; Boomer Panama Condos</title>
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		<title>Observer &#187; Wednesday: 42nd Street Fantasies; Whitney on the High Line; Boomer Panama Condos</title>
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		<title>Wednesday: 42nd Street Fantasies; Whitney on the High Line; Boomer Panama Condos</title>

		<comments>http://observer.com/2006/10/wednesday-42nd-street-fantasies-whitney-on-the-high-line-boomer-panama-condos/#comments</comments>
		<pubDate>Wed, 25 Oct 2006 08:30:51 -0400</pubDate>
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		<description><![CDATA[<p><img alt="4422.jpg" src="http://therealestate.observer.com/4422.jpg" width="200" height="174" /><br />Times Square, circa 2046</p>
<li><strong>Proposal of the Decade</strong>: <a href="http://www.vision42.org/">vision42</a> wants to ban cars from 42nd Street. That's because the current Times Square is a godforsaken nightmare, and because "a pedestrian and light-rail line zone would boost business" by $380 million each year, and because there might be greenery. <a href="http://hosted.ap.org/dynamic/stories/N/NY_42ND_STREET_BAOL-?SITE=NYNYD&amp;SECTION=MIDEAST&amp;TEMPLATE=DEFAULT"><em>(AP)</em></a></li>
<li>Drama on the High Line! The Dia Art Foundation has ditched plans to open a museum on the elderly elevated railway, and the Whitney may swoop in to take its place. But that would mean the Whitney would have to forget its old plans for a Renzo Piano-designed expansion uptown. And that would mark "the third time that it commissioned a celebrity architect to design a major expansion to its landmark building, only to renege." <a href="http://www.nytimes.com/2006/10/25/arts/design/25muse.html"><em>(The New York Times)</em></a></li>
<li>The un-glamorous Brooklyn Navy Yard gets a 400,000-square-foot expansion, resulting in seven bigger buildings (including a "huge" supermarket, of course). Borough Prez Marty Markowitz boasts: "Brooklyn can still make it big, make it bold, and even make it green." Marty always knows just what to say. <a href="http://www.ny1.com/ny1/content/index.jsp?stid=9&amp;aid=63740"><em>(NY1)</em></a></li>
<li>In its steady climb towards modernization, Vinegar Hill is being treated to a $3 million renovation of McLaughlin Park. The garden will be restored, and there'll be a "multi-purpose synthetic field"--just like the kind our forefathers had. <a href="http://www.brooklynrecord.com/archives/2006/10/extreme_makeove.html"><em>(Brooklyn Record)</em></a></li>
<li>The new "Vista Boquete" condos have everything a Baby Boomer could ever want in a luxury development. (Tennis courts, putting green, outdoor heated pool, etc). Remarkably, the place isn't in Midtown--it's in rural Panama. Central America is so chic. <a href="http://www.multi-housingnews.com/multihousing/headlines/article_display.jsp?vnu_content_id=1003287368"><em>(Multi-Housing News)</em></a></li>
<p> - <em>Max Abelson</em></p>
]]></description>
		<content:encoded><![CDATA[<p><img alt="4422.jpg" src="http://therealestate.observer.com/4422.jpg" width="200" height="174" /><br />Times Square, circa 2046</p>
<li><strong>Proposal of the Decade</strong>: <a href="http://www.vision42.org/">vision42</a> wants to ban cars from 42nd Street. That's because the current Times Square is a godforsaken nightmare, and because "a pedestrian and light-rail line zone would boost business" by $380 million each year, and because there might be greenery. <a href="http://hosted.ap.org/dynamic/stories/N/NY_42ND_STREET_BAOL-?SITE=NYNYD&amp;SECTION=MIDEAST&amp;TEMPLATE=DEFAULT"><em>(AP)</em></a></li>
<li>Drama on the High Line! The Dia Art Foundation has ditched plans to open a museum on the elderly elevated railway, and the Whitney may swoop in to take its place. But that would mean the Whitney would have to forget its old plans for a Renzo Piano-designed expansion uptown. And that would mark "the third time that it commissioned a celebrity architect to design a major expansion to its landmark building, only to renege." <a href="http://www.nytimes.com/2006/10/25/arts/design/25muse.html"><em>(The New York Times)</em></a></li>
<li>The un-glamorous Brooklyn Navy Yard gets a 400,000-square-foot expansion, resulting in seven bigger buildings (including a "huge" supermarket, of course). Borough Prez Marty Markowitz boasts: "Brooklyn can still make it big, make it bold, and even make it green." Marty always knows just what to say. <a href="http://www.ny1.com/ny1/content/index.jsp?stid=9&amp;aid=63740"><em>(NY1)</em></a></li>
<li>In its steady climb towards modernization, Vinegar Hill is being treated to a $3 million renovation of McLaughlin Park. The garden will be restored, and there'll be a "multi-purpose synthetic field"--just like the kind our forefathers had. <a href="http://www.brooklynrecord.com/archives/2006/10/extreme_makeove.html"><em>(Brooklyn Record)</em></a></li>
<li>The new "Vista Boquete" condos have everything a Baby Boomer could ever want in a luxury development. (Tennis courts, putting green, outdoor heated pool, etc). Remarkably, the place isn't in Midtown--it's in rural Panama. Central America is so chic. <a href="http://www.multi-housingnews.com/multihousing/headlines/article_display.jsp?vnu_content_id=1003287368"><em>(Multi-Housing News)</em></a></li>
<p> - <em>Max Abelson</em></p>
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