You probably saw the news last week that architect Santiago Calatrava unveiled plans for the Chicago Spire, which, if completed, would stand as the tallest building in the U.S., taller than the proposed Freedom Tower in New York. Granted, there are questions as to whether Calatrava can pull together the financing to pull off this ambitious project, which could easily top $2 billion in cost.
Set aside for the moment questions whether this project will fly and admit: It’s a pretty cool building. Chicago Tribune architectural critic Blair Kamin provides the voiceover to a neat slideshow at the Tribune web site on Calatrava and his unique design style.
BusinessWeek editors Chris Palmeri, Prashant Gopal and Peter Coy chronicle the highs and lows of the housing and mortgage markets on their Hot Property blog. In print and online, the Hot Property team first wrote about the potential downside of lenders pushing riskier, "option ARM" mortgages and the rise in mortgage fraud back in 2005—well ahead of many other media outlets. In 2008, Hot Property bloggers finished #1 in a ranking of the world's top 100 "most powerful property people" by the British real estate website Global edge. Hot Property was named among the 25 most influential real estate blogs of 2007 by Inman News.