The world's skinniest skyscraper, under construction on Manhattan "Billionaire's Row," is over budget with 60 stories left to build.

"The cost of building the world’s skinniest skyscraper has ballooned so enormously that the 111 W. 57th St. project is facing imminent foreclosure while it’s less than one-quarter complete," reports Julia Marsh.
"The 82-story skyscraper has risen fewer than 20 stories and is $50 million over budget," adds Marsh.
The whole mess has already inspired a lawsuit—real estate investment corporation AmBase is suing the project sponsors Kevin Maloney and Michael Stern and lender Spruce Capital Partners. Earlier this week "a judge blocked Spruce from taking ownership of the project in a strict foreclosure procedure pending a mid-August hearing on the dispute."
Foreclosure has been a buzzy word in the "Billionaire's Row" neighborhood this summer. A foreclosure on one of the luxury condominiums in One57 has been making news in June and July as potentially a record residential foreclosure.
FULL STORY: The world’s skinniest skyscraper might never get finished

Montreal Mall to Become 6,000 Housing Units
Place Versailles will be transformed into a mixed-use complex over the next 25 years.

Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

DARTSpace Platform Streamlines Dallas TOD Application Process
The Dallas transit agency hopes a shorter permitting timeline will boost transit-oriented development around rail stations.

Study: 4% of Truckers Lack a Valid Commercial License
Over 56% of inspected trucks had other violations.

Chicago Judge Orders Thousands of Accessible Ped Signals
Only 3% of the city's crossing signals are currently accessible to blind pedestrians.

Philadelphia Swaps Car Lanes for Bikeways in Unanimous Vote
The project will transform one of the handful of streets responsible for 80% of the city’s major crashes.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
City of Mt Shasta
City of Camden Redevelopment Agency
City of Astoria
Transportation Research & Education Center (TREC) at Portland State University
US High Speed Rail Association
City of Camden Redevelopment Agency
Municipality of Princeton (NJ)