Real estate

China Boasts World's Fastest Construction of 57-Story Skyscraper

A Chinese construction company has impressed the industry across the world after building a 57-story skyscraper for only 19 days.

The construction consists of concrete and glass and is located in the central part of the country. Company's Vice President stated that a popular method has been used to allow the construction of three storeys per day.

Residential and commercial building collapses in East Village New York

The explosion and collapse were reported at around 3:20 p.m. at 7th Street and Second Avenue Thursday afternoon at a residential and commercial building.

According to the Fire Department multiple injuries have been reported and two people were rushed to Bellevue Hospital in critical condition.

German architect Frei Otto wins Pritzker a day before dying

German architect Frei Otto was named as winner of the prestigious Pritzker Prize on March 10, a day after his death at the age of 89, organizers of architecture's top honor said.
Otto, renowned for designs which incorporated lightweight tent-like structures, had been informed he had won the accolade shortly before his death, a statement said.

State Council rules against sale of Athens seaside resort

Greece's top administrative court prevented the sale of a luxury Athens seaside resort to an Arab-Turkish fund. The State Council judges decision ruled that the sale of the prime Astir Palace hotel complex and the development of the seaside site breached planning rules and woud harm the natural, cultural and urban environment.