Time has a way of treating seemingly similar buildings very differently. More than just the years of abuse from the elements and the course of daily use, the change in priorities and cultural trends of how we live and work ripples through the built environment, re-calibrating the value of buildings at any given time. The empty warehouse spaces of SoHo that seemed valueless in the 40’s and 50’s were viewed differently twenty years later when artists filled the open floor plates with studios and differently again when they were replaced with high end retailers at the turn of the century. The iconic landscape of commercial office towers in New York is going through a similar transition as demands for office space continue to evolve while a great deal of the building stock is not the gleaming, glass facets of One Bryant Park. Some office space, built in a specific time for a specific purpose, has fallen from grace in comparison to newer brethren. Continue Reading…
