RecessionWatch
RecessionWatch: RecessionWatchWatch
06 Feb 2009 @ 4:10 PM
Rotterdam, Netherlands: As we reported a couple weeks back, Dutch architect Erick van Egeraat was obliged to hang up his spurs owing to the present Financial Pigf*!k of Epic Proportions. Now comes word that “yesterday van Egeraat reached an agreement with his firm’s court appointed administrator to carry on work on all projects, having secured the support of several investors. His current portfolio contains over 50 active projects.” [Dexigner]
Anytown, USA: We also gabbed previously about Allison Arieff’s blog entry for the Times on the fate of the American suburb in the Age of the Mortgage-less. Now Arieff has a few answers: “Move the homeless in. Turn all those homes into schools… Convert these homes to low-income housing (or don’t even think about such a crazy idea). Rezone. Give contractors the incentive to build better and greener. Transform those homes into satellite prisons.” [New York Times]
London, England: Oh, and remember how last week Britain’s Building Design was asking, “Is moving to the USA an option for architects?” Well, they finally got the memo. “Grim reports have been emerging from the US about mass culls from some of the country’s biggest practices. Pittsburgh-based Perkins Eastman, one of the US’s largest architectural practices, has cut 10% of staff, representing the biggest loss in the firm’s 24-year history.
And Gensler, the US-based practice that topped BD’s World Architecture 100 last month, has lost 10% of its workforce.” [BD]
—Ian