Tag: Norman Foster

Once, living in a building with celebrity residents or prewar pedigree was the goal of every high-spending New Yorker. Now, the City’s nouveau riche have slightly different aspirations: “starchitect developments.” A recently coined word capturing the latest craze for celebrity architects, starchitecture has proven to bring real value to new developments, Crain’s reports. Developers around the world have proven eager to sign up “top talent” in hopes of convincing reluctant municipalities to approve large developments, of obtaining financing or of increasing the value of their buildings. A key characteristic is that the architect’s designs are almost always iconic and highly visible within the site or context.