Building Designed by Zaha Hadid May Hold Additional Value

Building Designed by Zaha Hadid May Hold Additional Value

Apr 22, 2016 April 22, 2016

Zaha Hadid passed away on March 31st at the age of 65. She was a critically acclaimed architect, being the first woman to win the Pritzker Award, which is sometimes called the Nobel Prize of architecture. With her death, comes a similar phenomenon to an artist’s death raising the value of their paintings.

The One Thousand Museum, developed by Zaha Hadid before she passed away, has been getting more inquiries, and the condo buyers may be getting more than they expected. Pre-construction prices range from $1,200 per square-foot to over $2,000 per square-foot, but that might be going up due to recent events.

Jack McCabe, a real estate analyst and consultant in Deerfield Beach, said that investors in the buildings designed by Hadid may see these assets go up in value, “similar to how different paintings go up after an artist dies.”

One Thousand Museum was Hadid’s first high-rise residential design in the Western Hemisphere, and is expected to open by the end of 2017. It is one of several developments that are under development that have been designed by Hadid. In Manhattan, Hadid designed a condominium that is currently under construction, known as 520 West 28th Street. Prices for that project go up to $50 million for the biggest penthouse. Sales for 520 West 28th Street began in October of 2015, but information on unit reservations was not available for public review. 

 

 

Source: therealdeal.com

Photo credit: therealdeal.com

Contact Us
Sep Niakan
Broker / Team Lead
(305) 697-7667
sep@blackbookproperties.com
Request Info
By sending you agree to CondoBlackBook's Terms of Use

Your Miami Condo Awaits

Recent Posts

The Most Luxurious Buildings in Fort Lauderdale
Real Estate News The Most Luxurious Buildings in Fort Lauderdale
Looking for the absolute most luxurious buildings in Fort Lauderdale? Well, here's your personal guide to the most exclusive and best condo buildings in Fort Lauderdale ranked from least luxurious to most luxurious (and most expensive condo buildings in Fort Lauderdale) according to price per square foot at the time of publishing.  Read on for details on each of these luxury condos for sale in Fort Lauderdale, and what makes each so special and popular as a residence of choice in this South Florida beach city. — The Best Condos in Fort Lauderdale 6. The Ocean Resort Residences Award: Best Rooftop SkyBeach; Best Onsite Gourmet Market; Largest and Most Technologically Advanced Meeting Facility Avg Price / Sq Ft: $1,198 Looking for luxury oceanfront condos for sale in Fort Lauderdale? Let’s start the countdown here with The Ocean Resort Residences as the 6th highest priced building per square foot in Fort Lauderdale. This exclusive beachfront residence comes with all the...
Video: ORA by Casa Tua – Brickell’s Most Luxurious New Condo Development Comes to Life with Italian Verve, Members Only Experiences and Short-Term Rentals
Preconstruction Video: ORA by Casa Tua – Brickell’s Most Luxurious New Condo Development Comes to Life with Italian Verve, Members Only Experiences and Short-Term Rentals
Live in the “now” with ORA by Casa Tua - a timeless, lifestyle-driven project designed for those who crave a nature-immersed sanctuary with heartwarming, Italian curations in the heart of the city. This building has a soul and truly comes to life, bringing residents together through food, experiences and connectivity.  Planned to offer a 5-star experience in Miami’s pulsating business district of Brickell, ORA is a heartfelt project born out of a friendship between its developers – Edgardo Defortuna of Fortune International Group and husband-wife duo Miky Grendene & Leticia Herrera of Casa Tua. With its unique Bosco sky forest in the center of the building, reminiscent of similar “living” residential towers in Milan and other towers around the world, four captivating food concepts based in storied Italian culinary traditions, two resort pool experiences, a “minimal on design and maximum on life” approach, ORA will re-energize Brickell’s skyline with its upbeat and social...
Video: Comparing Fort Lauderdale Beach versus Miami Beach!
Neighborhood Comparisons Video: Comparing Fort Lauderdale Beach versus Miami Beach!
If you are wondering what the best beach neighborhood is in South Florida, then you’ll want to watch the video below to find out whether Fort Lauderdale Beach or Miami Beach passes the vibe check for you. On one hand, we have the world-famous Miami Beach – a vacationer’s paradise and global city with exciting events and entertainment at every turn. On the other, we have Fort Lauderdale Beach – a pristine, family-oriented beach town with a laid-back vibe and lots of natural, unobstructed access to the beach, plus some of the best marinas and boating options. Watch the video to discover the nuances that set these two beautiful beach neighborhoods apart. While we can’t say if one is truly better than the other. What we can tell you is the kind of lifestyle, boating facilities, dining options, greenery, things to do, and housing options you can expect in each of these neighborhoods, so you can make a solid move – just like an insider!    — What makes Miami Beach a great place to...
April 2023: Fort Lauderdale & Palm Beach New Condo Development & Pre-Construction News
Real Estate News April 2023: Fort Lauderdale & Palm Beach New Condo Development & Pre-Construction News
Spilling over from Miami, South Florida’s current building boom is slowly spreading up north too. As developers attempt to appeal to wealthy families and professionals migrating from high-tax states with waterfront luxury and single-family-home-sized condos, two new condo projects were launched this April. Sales for the golf course-adjacent Residences at Shell Bay were launched by Witkoff and PPG, in partnership with Auberge Resorts Collection. Also, Related Group and Gil Dezer launched the oceanfront Rosewood Residences on Hillsboro Beach’s Millionaire’s Row.  This month, two new condo projects with the ability to transform their respective communities were proposed as well. Read below to find details on all of these projects and more in our April 2023 condo pre-construction market round-up for Fort Lauderdale: — April 2023 – Fort Lauderdale Condo Pre-Construction Market at a Glance Sales Launched The Residences at Shell Bay – Hallandale Beach Rosewood Residences – Hillsboro...
Surfside vs. Sunny Isles Beach: ¿qué barrio de Miami es mejor?
Neighborhood Comparisons Surfside vs. Sunny Isles Beach: ¿qué barrio de Miami es mejor?
¿Te gustaría vivir en la costa y poder llegar a pie a las playas del océano Atlántico? ¿Estás buscando mudarte a una residencia frente al mar, pero quieres evitar el bullicio y el ajetreo de South Beach? Entonces, tienes que conocer estos dos barrios que están frente a la playa: Sunny Isles Beach y Surfside.  Estos barrios son prácticamente vecinos (solo los separa el lujoso Bal Harbour) y comparten muchas comodidades, como el acceso directo a las playas del Atlántico. Además, ambos tienen ubicaciones privilegiadas, ya que cuentan con un acceso rápido y fácil a varios aeropuertos, tiendas, espacios de arte y cultura y lugares al aire libre. Pero el estilo de vida que ofrece cada uno de estos barrios es muy diferente.   Si estás buscando mudarte a Miami, podemos ayudarte. Conocemos muy bien estos dos populares barrios de Miami y hemos preparado un resumen de sus similitudes y diferencias. — Estilo de vida: Sunny Isles Beach vs. Surfside Tanto Sunny Isles Beach como Surfside son...
Video: Vita at Grove Isle -- Live in Luxury on a Private Island in Coconut Grove
Video Blog Video: Vita at Grove Isle -- Live in Luxury on a Private Island in Coconut Grove
Nestled on a secluded private island, legendary developer Ugo Colombo and his CMC Group brings Miami an unparalleled living experience for those who enjoy living quiet, secluded waterfront living in spacious, single-family homes, yet with all of the benefits and conveniences of living in a boutique, luxury condo.  A powerhouse of bespoke luxury and creation from some of the top Italian designers, Vita at Grove Isle will feature earthy interiors by A++, residents can come home to ultra-spacious floorplans with impeccable details such as customizable Molteni Dada Italian kitchens, private elevator foyers, and private garages reminiscent of a single-family home with an option for a lift.   Watch the video for more information on Vita at Grove Isle.     All ultra-luxury layouts at Vita at Grove Isle will include generous 13’5’’ deep terraces with interiors starting from generous three bedrooms with 2,500 square feet to four bedrooms with 5,000 square feet. Residences in the...