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Foto Finish

New York's Fotografiska gears up for its fall opening
The 2019 fall season will open with what promises to be an exciting new photography venue in Manhattan’s Flatiron District. Fotografiska New York—a collaboration between the brothers Jan and Per Broman and the architects of CetraRuddy—intends to offer a unique kind of exhibition hall for the city. It will not function as a commercial gallery depending on market fluctuations, nor museum/institution like the International Center of Photography (ICP), but rather its stated goal is to become a center or “community” for photographers and the viewing public in general. This project reprises the first apparently wildly successful Fotografiska in Stockholm, established in 2010, with another under construction in London and a completed outpost in Tallinn, Estonia. The global approach, according to the founders, is essential to their notion of a venue dedicated to focusing on major themes that touch upon “human” issues and aspects of cultures worldwide. This large, encompassing, and admirable goal will be better understood when the roster of inaugural exhibitions finally open as well as the building into which the works will be placed. The opening shows, which begin October 18, will include well-known photographers such as Ellen von Unwerth, Israeli Adi Nes, who is better known regionally, and will include fashion, landscape, and more conceptual works. The following November exhibition will be a retrospective of the iconic Swedish photographer Lars Tunbjörk, followed by three solo exhibitions by Nick Brandt, Julie Blackmon, and Man Ray. The institution seems to have done their research to identify artists representative of a wide range of cultures and seem to be covering all the bases, albeit with a rather traditional or unsurprising set of works. The photographs in the first show, however, are by genuinely accomplished artists and well worth the visit. Other artists who have been previously exhibited in the Stockholm location include well-known auteurs David la Chapelle, Annie Liebowitz, Sally Mann, and Irving Penn. Because the very definition of what constitutes “photography” today is in constant flux, it will be heartening to see what Fotografiska offers as a broad definition of the medium or media. The exhibitions will be curated by Jan Broman himself in conjunction with a staff of curators headed by Amanda Hajjar, the director of exhibitions who trained at the Courtauld and had a stint at Gagosian Gallery. Unlike many photo venues, this group doesn’t seem to have funding issues, and they certainly have the means to fulfill their intended program. The choice of the landmarked building at 281 Park Ave South for the New York Fotografiska outpost has proven to be an exciting, though challenging, one for the architects. Built by Robert Gilbert Wilson as the Children’s Aid Society Mission House in 1894, the faux-gothic building was not designed to accommodate the crowds Fotografiska plans on attracting. Exits, elevators, and plans had to be entirely revised and the space revamped for viewing a wide variety of photographic works from simple black and white traditional images, to the many new mixed media projects. What has resulted from the endeavor is an impressive and exciting new venue. The project wasn’t just another commission to the group. From the onset, the architects were excited to work with what they call the “jewel of the building.” The goal was to devise a system that would retain the flavor of the old building while producing a state-of-the-art new photo venue. Interestingly, they did not have any original/historic drawings from when the building was constructed and therefore required the structural engineer to take many probes and samples of the assembly to help with the analysis of what was required. The egress requirements for the new use required the entire team to strategize very early on in the process how to plot safe pathways for the occupants. Jan Broman with a team headed by Geoffrey Newman worked with the Landmarks staff in order to preserve the distinctive faux Gothic details that gave the building its charming character, taking care to retain the stained-glass windows and refurbish the mosaic detailing. For historical accuracy in the preservation and restoration, the team consulted with engineering firm Higgins Quasebarth. CetraRuddy’s initial concept involved opening up the space to afford an easy flow through the six floors. The vast areas, some spanning 560 square feet, would be reconfigured to allow for more intimate viewing and punctuated by areas for rest and conversation. There will be three total floors for exhibition space, with one functioning as a major exhibition hall, while another will provide space for alternating experimental works. The architects managed to incorporate the building’s existing, extravagantly sculpted deep poche windows into the project by deploying them to block out the daylight while addressing passersby. The notion behind this solar shading was to develop a way to integrate Fotografiska into the neighborhood by offering a spectacle that would provide the street a taste of the activities within the center while still remaining functional. The lighting system was another complex issue because of the wide range of photographic forms to be presented at the center. The design team researched to first determine the various requisites for viewing traditional photographic prints, often with reflective surfaces, to projection systems requiring more elaborate wiring and for which the work required a darkened spaced. Then, they had to develop a complex strategy for the basic support system for the building itself. Rather than simply replacing the columnar structures, they crafted a kind of bone replacement system—reinforcing from within to preserve the original character of the structure. In addition to the exhibition floors, the design includes a ground floor bookstore with posters and prints and cafe. The entire second floor is devoted to the restaurant, designed by Roman and Williams. It will function in a way similar to the much-acclaimed restaurant in the Stockholm center. All the pieces are in place for a unique and flourishing photo center that addresses global issues, with a particularly intimate approach.
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It makes an impression

Post-Office Architectes stamps Tribeca with corrugated cardboard concrete formwork
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Tribeca is consistently ranked as one of the most expensive neighborhoods in New York City, so it perhaps comes as no surprise that non-landmarked lots throughout the area are being snatched up and redeveloped for commercial or residential purposes. 30 Warren Street, which is currently wrapping up construction, is located on a northeastern corner of Church and Warren Streets. Designed by the Paris-based practice Post-Office Architectes, which was founded by The Ateliers Jean Nouvel alumni David Fagart, Line Fontana, and Francois Leininger, the new luxury condominium joins the scene with an ultra-high-performance concrete (UHPC) facade formed with corrugated cardboard. The approximately 50,000-square-foot project is located just outside of the official boundaries of the four historic districts within Tribeca. As a commercial center for the city in the 19th and early 20th centuries, the architectural makeup of the neighborhood is defined by Renaissance Revival masonry and cast-iron offices and warehouses, differing in scale according to their proximity to either the avenue or side street. For the architects, it was integral that the design of the new residential development stands on its own as a contemporary project while still paying reverence to the context with a mineral-based cladding. In terms of massing, the 12-story project rises on the entire footprint of the corner lot and sets back at the fifth floor in unison with the cornice line of the adjacent historic structures. The north elevation will eventually rise to two stories and will serve as a retail space.
  • Facade Manufacturer TAKTL Schuco Rainscreen Solutions
  • Architect Post-Office Architectes
  • Facade Installer GGL Enterprises
  • Facade Consultant Front, Inc
  • Location New York
  • Date of Completion Fall 2019
  • System Custom TAKTL system
  • Products TAKTL RAL 8019 Schuco window system
"Thanks to its very fine grain, UHPC typically allows all kinds of textures," said Post-Office Architects Co-Founder Francois Leininger. "Rather than creating a complicated texture using readily available digital processes and having to deal with the constrains (repetition, uniformity...), we wanted to create something crafty, something that would look a bit handmade, something with a unique feel. This was our way to pay tribute to the magnificent cast-iron architecture across the street and all around Tribeca." In total, there are approximately 921 UHPC panels across the facade, all of which are 3/4-inch thick and vary in size; the largest is about 11-by-3.5 feet. The system is not complex, as the panels are secured to a stud system that rests on the floor slabs. Where the assembly does stand out is in the use of a matrix of 1.5-inch-wide black aluminum channels placed behind the joint of each panel—a challenge when many of the panel dimensions are in fact unique. The aluminum channels serve two functions; the depth of the concrete panels is visually extenuated, and they obscure the insulation located behind the rain screen. Detailing for the precast concrete panels is fairly subtle and clever. The team suggested industrial-grade one-sided corrugated cardboard, pressed against the concrete slabs at a 45-degree angle. The 70 molds produced are imperfect; cardboard has a habit of micro-tearing and causing other impacts associated with the fabrication process. "The result, as one can observe on site today, is an ever-changing texture, reacting to the slightest inflections of light," continued Leininger. "The presence of the ribs helps to make the concrete panel look homogeneous, while the change of direction of the ribs, at each setback, modifies the perceived color of the panels." The project is slated to wrap up in the fall of 2019.
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A Complex Complex

The Shed’s temporary gallery partitions don’t work, and more updates
Nearly six months after the opening of Hudson Yards, and five after the opening of the Shed (now The Bloomberg Building), it has come to our attention that there has been a snafu at the Shed, the “new Fun Palace” designed by DS+R and Rockwell Group for New York's Hudson Yards. Heralded as a flexible platform for performance and arts of all kinds, the movable elements such as the translucent ETFE sheath and interior walls are what give life to the $485 million complex. However, recent reports indicate that there were some hurried details in the large gallery space, and the temporary partitions do not work. The floor grid does not align with the ceiling grid, making it impossible to install the partitions as originally designed. As such, the gallery currently can’t be subdivided. Whoops! Shoddy construction? Budget cuts? Blame the architects? UPDATE: In a statement, Diller Scofidio + Renfro told AN, "The Shed utilizes anchors in the floor to cantilever freestanding partitions, which allows for a thinner dimension than most fixed museum walls that are typically braced from the ceiling. The same system was used successfully for The Broad museum's gallery floors. In a few limited instances, construction deviations left the anchors slightly off center. The wall system has easily adapted to these conditions and continues to serve the Shed well. For example, Level 2 was partitioned to separate the two different performances (choral and orchestral) of Reich Richter Pärt." In other Shed news, on the heels of a $250,000-a-plate fundraiser for President Trump’s reelection held by CEO and chairman of The Related Companies Stephen Ross, calls to boycott The Shed have been growing. According to Hyperallergic, artists Zackary Drucker and A.L. Steiner withdrew their contribution to the Shed’s Open Call show, Rag & Bone dropped out of the Fashion Week show that would be held in the Shed, and artist Thanushka Yakupitiyage staged a “Decolonize This Place” performance on Sunday, August 25, in protest. Yakupitiyage, through a combination of remixed music, dance, and audio clips put on MigrantScape as part of Open Call and spoke out against the government’s treatments of migrants—as well as Ross’s complicity. The piece was put on on top of the concrete plaza in front of the building, which, when the ETFE envelope is rolled forward, forms the 17,000-square-foot McCourt space, the venue’s main performing area. In more positive news, The Shed was named to TIME Magazine’s second annual list of the World’s 100 Greatest Places today, placing it in high accolades among other exemplary recent projects, such as Snøhetta’s underwater restaurant and a suite of refined museums.
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He Came in Like A Wrecking Ball

Trump's Grand Hyatt New York will be demolished, replaced with offices
The Grand Hyatt Hotel in Midtown Manhattan, once owned and reclad by President Trump, is headed for the wrecking ball. A new joint development by TF Cornerstone, RXR Realty, and MDS Capital has been announced in its place and will feature 2 million square feet of office and retail space, as well as a brand new identity for the Grand Hyatt. Located at 109 East 42nd Street, just southeast of Grand Central Station, the 26-floor structure wasn’t always a Trump hotel. In fact, it’s 100 years old. Built in 1919 by the Bowman-Biltmore Hotels group, the Commodore Hotel was originally a brick-clad building with over 2,000 rooms and a world-renowned lobby. In the late ’70s, the Trump Organization purchased and remodeled the entire structure for $100 million, redoing the facade with its now-signature all-reflective-glass curtain wall. It then reopened in 1980 as the Grand Hyatt New York. AN’s editor in chief Bill Menking wrote that the story behind the hotel revamp and the addition of the sign-slash-restaurant that hovers above the sidewalk on 42nd Street is a prime illustrative tale of negative development in New York.  Construction on the new building is expected to cost $3 billion. It will include 500 rooms for the luxury Grand Hyatt New York and state-of-the-art office space. Major transit upgrades could also come with the development, enhancing the pedestrian experience near Grand Central and offering better circulation and connectivity to the currently congested subway beneath it. A new entrance has also been discussed.  No architect has been chosen for the design project yet, though the development team aims to announce one soon. When complete, the new structure will join a handful of other commercial office towers in the area that have popped up since the 2017 rezoning in Midtown East. Progress on One Vanderbilt by Kohn Pedersen Fox, Tower Fifth by Gensler and Adamson Associate Architects, and JP Morgan Chase’s 270 Park Avenue by Foster + Partners is already underway. 
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Prepping for Sandy 2.0

Army Corps of Engineers will erect miles of seawalls along Staten Island

The United States Army Corps of Engineers is slated to begin construction on a $616 million seawall in the New York City borough of Staten Island, one of the areas hit hardest by Superstorm Sandy in 2012. The storm, which wreaked havoc on much of the mid-Atlantic coast between New Jersey and New York, exposed and exacerbated Staten Island’s vulnerability to storm surges and flash flooding. In light of predictions by the National Oceanic and Atmospheric Administration (NOAA) and other climate-monitoring agencies that the frequency of Atlantic hurricanes will increase as global warming progresses through the 21st century, local and federal officials hope that the seawall will prevent higher levels of physical damage in the future.

When Sandy struck the New York metropolitan region in October 2012, floodwater depth in certain parts of Staten Island hit 12.5 feet above sea level. Within the area protected by the proposed seawall, depths exceeded previous records by four feet and damaged 80 percent of all structures, including critical infrastructure like schools. The storm killed 43 people in the city, including 24 in Staten Island alone.

According to the U.S. Army Corps of Engineers and the office of Governor Andrew Cuomo, the seawall system will include several components, known collectively as the Staten Island Multi-Use Elevated Promenade. About 4.5 miles of buried seawall, which will be topped by a walkable promenade, will protect the area against up to 21.4 feet of seawater rise. In addition to the 0.6-mile gate in the levee, there will also be 0.35 miles of floodwalls, 300 acres of natural water storage to manage surge, and over 226 acres of tidal wetlands and ponding areas. The latter two components will have the capacity to absorb an immense amount of floodwater, forming a robust natural barrier against major storms. One priority of the project is to protect vital infrastructure on the island, including senior centers, schools, hospitals, a wastewater plant, and police and fire stations.

While Sandy served as a catalyst to mobilize resources and agencies to officially begin the project, research that led to the ultimate seawall system proposal actually began after a pair of severe storms in 1992 and 1993. Hurricanes, Nor-easters, and superstorms present a major threat to the borough, but the low-lying parts of Staten Island also face flooding damage in the face of regular rainfall. In addition to protecting the coastline from such stress, state officials have promised that the seawall system will enhance waterfront access for members of the public. The boardwalk will be open to cyclists, pedestrians, and other hobbyists, allowing users to experience both the shoreline and the coastal wetlands. Governor Cuomo’s office also suggested that the seawall might one day serve as a tourist attraction, bringing in visitors from across the region and country.

Signing on to a Project Partnership Agreement (PPA), New York State and the Army Corps have committed to reducing the costs of flood damage in the area by about $30 million per year. The PPA opens the project up to $400 million in federal contributions, which will be added to the existing budget of $216 million—$65 million from the city and $151 million from the state. Construction is set to begin in 2020 and will hopefully be completed before the next major weather event.

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The Air up There

André Fu stages a model apartment in the MoMA-adjacent 53 West 53 tower
Celebrated interior designer André Fu has completed a model apartment on the 36th floor of the new Jean Nouvel-designed 53 West 53 residential tower. Sitting adjacent to the Museum of Modern Art (MoMA) and incorporating portions of its soon-to-open expansion, the new building soars high among a slew of super-tall and thin residential projects reshaping New York City's Midtown neighborhood. Accentuating the 2,000 square foot, 2-bedroom unit’s southern and eastern exposures, Fu and his Hong Kong-based design team implemented a scheme that is indicative of the practice’s recognized “relaxed luxury” aesthetic. However, the accolated talent still took stock of cultural nuances and was careful to juxtapose his design vocabulary with the building’s sharp features and the city’s dynamic skyline. Read the full article on our interiors and design website, aninteriormag.com.
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Anti-Terrorism Aesthetics

New 3D-printed, crash-proof benches debut in Times Square
This May, designer Jou Doucet x Partners, working with the Times Square Design Lab (TSqDL), debuted a 3D-printed concrete alternative to the now-common heavy concrete planters, bollards, and more traditional “Jersey” barriers that surround public places and prominent buildings across the country. Anti-terror street furniture is the often ugly urban peripheral that plugs into our cities to add a new feature—specifically the capability to stop speeding vehicles and other terrorists attacks. Doucet’s design offers what he calls “a different, humanist approach to security.” The project was commissioned for the second annual TSqDL initiative, which was created to bring new design ideas to the public realm—specifically, New York's crossroads of the world that is visited by nearly half-a-million people daily. On display and in use since May, the Rely Bench comprises gently rounded, interconnected concrete platforms that each weigh over one ton. With its modular components connected with steel rods, the benches are designed to almost act like a net, catching a vehicle and absorbing its impact. The design is nice enough, but the real innovation is in the method used to make it. The Rely Bench is the first product to be manufactured through HyCoEx, a fully digital production method that street furniture company Urbastyle believes will “revolutionize the concrete furniture market”. Little information has been made available about the technology other than it uses an extrusion technique powered by a 3D printing robotic arm developed by Concrenetics and produced by UrbaStyle in partnership with Autodesk, ABB and Cementir Group. Though extrusion is common with plastics, HyCoEx is the first method to adopt it for concrete; other methods primarily use deposition, layering concrete to build the final form. The benefits of 3D printing over traditional concrete casting include lowering production costs resulting from reduced waste material and the lack of required mold. Indeed, Urbastyle believes that the HyCoEx method “may one day completely replace mold production.” Perhaps most significantly, HyCoEx empowers designers to efficiently create any form or surface pattern they can imagine. The company sees it as a type of “artisan” technology that removes the separation between design and fabrication. The Times Square installation was just a prototype of the design and technology, but prepare to see more of both soon. The Rely is currently being tested against international crash barrier standards.
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Old Bay

Waterfront exhibits a total history of Brooklyn's coastline
Waterfront Brooklyn Historical Society DUMBO Empire Stores 55 Water St. Brooklyn, NY On view through December 1, 2022 The first major exhibition on the history of Brooklyn’s vast coastline is now on view at the Brooklyn Historical Society’s DUMBO location in Empire Stores. Designed by New York studio Pure+Applied in collaboration with production firms Potion and batwin + robin productions, Waterfront engages visitors through digital interactive storytelling techniques, Kinect technology, archaeological artifacts, and even oysters, to highlight over 100 years of local narratives. The large showcase centers around 12 concept areas that detail the past development of Brooklyn’s shore and speculate on its future in the face of climate change, sea level rise, and gentrification. Both children and adults can uncover the secrets of the borough’s shoreline and the people that worked there. A section dedicated to the factory women workers of the Navy Yard provides a dress-up playspace while a magnetic wall offers visitors the chance to create a personalized waterfront. The multimedia exhibition not only zeroes in on the activists, innovators, neighborhoods, and ecosystems that have made Brooklyn’s waterfront what it is today, but it also unveils the coastline’s significance at a global scale.
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Being John Malkovich

NYC Department of Buildings fines owner who split two condo into 20 apartments
This week, the New York City Department of Buildings (DOB) busted a Lower East Side landlord who had divided part of a building into hobbit-like warrens with ceilings as low as four-and-a-half–feet. Owner Xue Ping Ni subdivided his 634-square-foot condo on the fourth floor of 165 Henry Street into 11 tiny units by splitting the space with a new floor. DOB photos show a male inspector kneeling beside one lilliputian door, his head just below the top of the frame. The illegal units, home to nine people at inspection time, were climate-controlled with double-stacked window-mounted air conditioners. It almost goes without saying that the SROs lacked adequate egresses as well. During a later visit, a reporter noticed from the street that the air conditioners in the windows on the floor above were installed in a similar pattern. When inspectors entered the fifth-floor apartment, they found another nine diminutive single room occupancy units that looked like those in the first apartment. All tenants in the micro micro-units were evacuated. According to one, the closet-sized dwellings rented for $600 per month. The New York Post reported that the DOB slapped Ni with over $144,000 in fines for the sprinkler-less rooms and a lack of permits for plumbing, electrical, and structural work. According to paperwork on file with the DOB, the five-story building is supposed to have just 27 apartments.

Councilmember Ben Kallos likened the firetrap half floors to the 1999 film Being John Malkovich where John Cusack's character takes a job at Lester Corp, which is on the short-ceilinged seven-and-a-half floor of an office building in Manhattan. (Kallos does not represent the district that includes the building in question)

"It was funny in fiction, but a horror story in real life," he told the Post.

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The Harsh Truth

Sojourner Truth added to women's suffrage statue in Central Park, academics criticize decision
The nonprofit behind building Central Park’s first-ever monument dedicated to women’s suffrage announced last week that it’s including abolitionist and activist Sojourner Truth alongside suffragettes Elizabeth Cady Stanton and Susan B. Anthony in the bronze cast slated for Literary Walk. Critics who previously said the Monumental Women’s Statue Fund was whitewashing women’s suffrage are already saying it’s has made another major mistake by grouping the three historic females together and is calling for a redesign. 
“If Sojourner Truth is added in a manner that simply shows her working together with Susan B. Anthony and Elizabeth Cady Stanton in Stanton’s home, it could obscure the substantial differences between white and black suffrage activists, and would be misleading.” 
That’s an excerpt from a letter sent to the Fund that was signed by 20 leading academics on African American history and black culture, including professors from Barnard College, NYU, Brown, and Yale, among others. Leslie Podell, creator of “The Sojourner Truth Project” signed as well. They noted that while Truth did have a relationship with Stanton and Anthony and that they did all attend the May 1867 meeting of the Equal Rights Association, it’s not actually known whether or not they all were at Stanton’s house at the same time.  It was previously announced that the design of sculptor Meredith Bergmann, which featured just Stanton and Anthony, was approved as the official suffragette statue by the Public Design Commission (PDC) if the Fund made an effort to acknowledge women of color and their role in the movement in a future project. A model of the statue is now on view at the New York Historical Society through August 26. Though the addition of Truth to the piece shows that leadership behind the project is listening, their move feels less than transparent to some.  Hyperallergic spoke with Todd Fine, president of the Washington Street Advocacy Group and co-organizer of the letter with Jacob Morris of the Harlem Historical Society. He said he’s confused as to why the nonprofit didn’t include an image of the new proposal with the public statement. That would have given people the opportunity to weigh in on the final product before it was presented to the PDC. According to the article, the Fund has already submitted the new idea.  Those in opposition don't want the process to be rushed, or that a new design be chosen in haste. Either way, the piece is expected to be placed in Central Park one year from next Monday, so a dialogue to redesign it must begin now. And the signees want to talk. 
“We believe that there may be elegant ways to memorialize the full scope of the suffrage movement to incorporate these challenging differences,” the letter reads, “but they will require careful consideration, explicitly including black community voices and scholars of this history.”
 
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New Nexus

WXY and city will reimagine Brooklyn’s Broadway Junction

In an ongoing effort to reimagine the transit nexus at Broadway Junction in East New York and its surrounding built environment, officials in Brooklyn have released preliminary ideas of what the area could look like. City leaders convened the Broadway Junction Working Group for the first time in October 2017 and, working with WXY Architecture + Urban Design, have since assembled a list of recommendations for improvements to the area in terms of transit equity, economic development, neighborhood amenities, and public space. With a series of interconnected subway stations that services the A, C, J, Z, and L lines, the area presents a significant opportunity to provide, as the recommendations suggest, “more good jobs, new retail and services, and active streets and public spaces—with an improved and accessible transit hub at its core.”

Currently, Broadway Junction suffers from a variety of factors that inhibit its potential as a hub of economic and social activity. Poor lighting under the elevated subway structures, as well as numerous parking lots in the immediate vicinity of the stations, make the surrounding blocks particularly hostile to people. With the integration of seating, greenery, public programming, and new infrastructural elements under the tracks, city officials and WXY hope to open up Broadway Junction’s public spaces for use by residents of the surrounding communities.

Overall, the plan calls for a mixed-use district that responds to the needs of the neighborhood without risking the widespread displacement of small businesses and residents that often accompanies major transit-related development projects. With the resources of the New York City Department of Small Business Services (SBS) and the New York City Economic Development Corporation (NYCEDC) at their disposal, business owners will be able to take advantage of commercial tenant legal services, business training courses, and other services. There will also be an effort to render the streetscape safer for pedestrians, cyclists, and motorists alike. Improvements to road circulation and various traffic-calming measures will ensure that those who drive, take transit, or walk in the area will be able to interact under less dangerous conditions. The subway stations at the junction will also be retrofitted to be more accessible to passengers with disabilities.

The Broadway Junction Working Group is supported by the Department of City Planning (DCP), the New York City Department of Transportation (NYC DOT), the New York City Department of Parks & Recreation (DPR), among other agencies.

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Big Money

Alibaba cofounder set to buy SHoP-designed Barclays Center (and the Nets, too)
The cofounder of online retail giant Alibaba is buying the Brooklyn Nets as well as their home arena, the SHoP-designed Barclays Center. The Brooklyn complex is home to the Nets as well as the NHL's New York Islanders (although that team is set to split its games between Brooklyn and Nassau County, New York before its final move to a new stadium complex in 2021). Alibaba's Joseph Tsai already owns 49 percent of the stakes in the Nets—the to-be-signed deal will grant him full ownership of the team as well as the building. The deal is worth more than $700 million, but it's not clear how much of that sum is for the arena. Including the stake he already owns, Tsai is expected to shell out $2.35 billion for the Nets. The soon-to-be previous owner Mikhail Prokhorov started to acquire the Barclays Center and the Nets in 2010 and finished the acquisition in 2015. According to the New York Post, Prokhorov bought the team for $875 million and the building at $825 million, which means he's about to rake in a ton of money on his investment. The Brooklyn Paper reported that the NBA Board of Governors has to sign off on the sale before it's official, a deal which should be sealed by the end of next month. Since 2012, the 19,000-capacity Barclays Center has crowned the intersection of busy Flatbush and Atlantic avenues. The building's glass curtain wall facade is fitted with 12,000 parametrically-modeled weathered steel panels, and the sloping, concave green roof makes it easy to spot from above.