80 South Street - History

History

The design for 80 South Street was first released to the public in 2003. Santiago Calatrava has stated that he took the idea for the building from a sculpture he created in 1985. 80 South Street received approval for construction from the City of New York in February 2005; the site on which it was planned to be constructed is currently occupied by a six-story red brick building.

Although 80 South Street had been approved by the city, the project was later canceled in April 2008. The building did not sell any of its 10 multi-million dollar residential cubes; the developer of the project also listed the declining U.S. real estate market as a factor in its cancellation.

Read more about this topic:  80 South Street

Famous quotes containing the word history:

    So in accepting the leading of the sentiments, it is not what we believe concerning the immortality of the soul, or the like, but the universal impulse to believe, that is the material circumstance, and is the principal fact in this history of the globe.
    Ralph Waldo Emerson (1803–1882)

    The best history is but like the art of Rembrandt; it casts a vivid light on certain selected causes, on those which were best and greatest; it leaves all the rest in shadow and unseen.
    Walter Bagehot (1826–1877)

    It gives me the greatest pleasure to say, as I do from the bottom of my heart, that never in the history of the country, in any crisis and under any conditions, have our Jewish fellow citizens failed to live up to the highest standards of citizenship and patriotism.
    William Howard Taft (1857–1930)