AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
The Stalin Look; Moscow developers are demolishing old architectural gems in favor of behemoths a certain dictator would have loved.(Cover Story)
Byline: Anna Arutiunova (With Frank Brown in Moscow)
Moscow is the hottest real-estate market in Europe because new Russian oil money has nowhere else to go. Banks are shaky and the stock market resembles a casino, so money pours into property. Prices are up 60 percent since 2002. A Moscow realtor tells of buyers with $100,000 bricks of cash buying apartments sight unseen, relying on color brochures. "These are mostly people from the far north, where the oil and diamonds are," he says.
One result has been the destruction of architectural gems in this 850-year-old metropolis. More than 400 buildings have fallen to the wrecking ball since 1992, when Mayor Yuri Luzhkov took over and opened historic central Moscow to developers. Eight hundred more old buildings are on a list for possible condemnation, including some in the 1920s constructivist style. The pace of destruction is picking up with rumors that illness or a rift with the Kremlin may end Luzhkov's term. He has defended destroying old buildings on the ground that "sometimes a copy is better than the original."
The new buildings are often done in a kitschy style known as Luzhkov baroque. The soaring Triumph Palace, billed as Europe's tallest residential structure, evokes the hulking, neo-Gothic style of the late Stalin era. The city is now starting work on a ring of 60 residential towers, many in the same "neo-Stalinist" style.
Preservationists trace this trail ...
- Special Supplement: Russia - Moscow's The Hot New Location - The Cranes Have...
- Magazine article from: The Banker Maternovsky, Denis October 1, 2005 700+ words
...buildings just a decade ago, Moscow is quickly emerging as one...literally and figuratively. Moscow is now home to Europe's tallest...recently completed, 264-metre Triumph-Palace; eastern Europe's biggest...built as part of the ambitious Moscow-City development, is expected...
- Bangkok Post, Thailand, Insider Column.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) (via Knight-Ridder/Tribune Business News) February 21, 2002 700+ words
...following AFP dispatch from Moscow: "Stalin is cool. Stalin...establishment just outside central Moscow -- built on Uncle Joe's...political incorrectness. The Triumph-Palace, a residential block whose...era piles that still dot Moscow, has also taken up the theme...
- VTB acquires controlling stake in Don-Stroy in return for debt.
- Newspaper article from: Russia & CIS Business and Financial Newswire August 26, 2009 700+ words
...acquires controlling stake in Don-Stroy in return for debt MOSCOW. Aug 26 (Interfax) - VTB (RTS: VTBR) and shareholders...projects include the residential complexes Aliye Parusa, Triumph Palace, Vorobievy Gory, Dom na Mosfilmovskoi and TRK Schuka. VTB...
- VTB to provide Don-Stroi with $300 mln.
- Newspaper article from: Russia & CIS Business and Financial Newswire March 23, 2006 700+ words
VTB to provide Don-Stroi with $300 mln MOSCOW. March 23 (Interfax) - Vneshtorgbank (VTB) (RTS...investment contracts, Kosov said. "These include the Triumph Palace and Vorobyovy Gory apartment complexes," he said. rm
- The Council on Tall Buildings releases list of 10 tallest newcomers of...
- Magazine article from: Real Estate Weekly March 29, 2006 700+ words
...and Chongqing World Trade Center in China at 929 feet, were second and third, respectively. The 867-foot Triumph Palace in Moscow was fourth, the 859-foot Grand Gateway Office Tower One in Shanghai, China was fifth, the 820-foot Chelsea...
- Moscow is much brighter than it seems.
- Newspaper article from: Knight Ridder/Tribune September 12, 2006 700+ words
Byline: Yury Filippov MOSCOW _ Some Western rating agencies claim that in 2006 Moscow has become the most expensive city in the world. Indeed, Moscow prices are stunning, especially downtown, in expensive boutiques and brand name shops. Foreigners...
- Moscow-McDonald's overwhelmed with 25,000 job applications.
- Press release article from: PR Newswire December 13, 1989 700+ words
MOSCOW-MCDONALD'S OVERWHELMED WITH 25,000 JOB APPLICATIONS MOSCOW, Dec. 13 /PRNewswire/ -- Moscow residents are eager to share a familiar rite of passage with their Western peers -- working at McDonald's. More than 25,000 Muscovites...
- Moscow CableCom Signs Definitive Merger Agreement with Renova Media.
- Press release article from: M2 Presswire February 23, 2007 700+ words
...23 February 2007-Headline Maker: Moscow CableCom Signs Definitive Merger Agreement...COMMUNICATIONS LTD RDATE:23022007 Moscow CableCom Corp. (Nasdaq: MOCC) is the U.S.-based parent of a Moscow, Russia-based company that provides...
