Word: condominiums
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...like the Delano in Miami, is back in business and looking to launch yet another lifestyle revolution with his idiosyncratic Gramercy Park Hotel, opening this week at that fabled Manhattan location. Schrager wants to restore the celebrity of that address with a $200 million, 185-room hotel and adjacent condominium property...
...Schrager is also expanding his portfolio into urban planning. Adjacent to the Gramercy is a 23-unit John Pawson--designed condominium, evidence of Schrager's master plan to combine hotels with full-time residential properties--at $5 million to $10 million apiece. He is about to announce a 10,000-unit residential, retail and hotel complex in Las Vegas, inspired by the Tivoli Gardens, Central Park and a Tuscan town square. In a softening housing market, the Las Vegas project will be a stern test of Schrager's vision. "Everything Ian does has levels of influence," says Ross Klein, president...
...nation transformed itself from a byword for urban violence into the nightlife capital of the Middle East. Elites who had fled during the war poured back in, pumping billions of dollars into the redevelopment of downtown Beirut. The rebranding of the city was so successful that with every condominium high-rise and every new shopping mall, the Lebanese began to believe their own advertising and forget that they live in a fragile country in a dangerous part of the world. That illusion now lies in tatters...
...friends in liberal Manhattan were appalled. "It could never happen here," they insisted. But it is happening there-at the corner of 70th and Broadway. The Sherman Square condominium tower rejected the application of an unmarried couple. (No, the couple is not gay.) The co-op says it isn't a moral judgment. It feels it shouldn?t be forced into a legal contract with two people who are not even willing to be legally bound to each other. Isn't that reasonable...
...DeLay said he is likely to leave by the end of May, depending on the Congressional schedule and finishing his work on a couple of issues. He said he will change his legal residence to his condominium in Alexandria, Va., from his modest two-story home on a golf course here in the 22nd District of Texas. "I become ineligible to run for election if I'm not a resident of the state of Texas," he said, turning election law to his purposes for perhaps on last time. State Republican officials will then be able to name another Republican candidate...