The Pritzker-Profit Connection: Shigeru Ban’s Works Gaining Value in NYC

09 April of 2014 by

A recent article from The New York Times confirms something we’ve all long-suspected. A Pritzker translates into big bucks. Demand for Shigeru Ban’s Manhattan buildings has soared since his awarding of the prize. The New York Times reports that page views of the Metal Shutter Houses, for example, have quadrupled on the listings site Streeteasy.com. Why? The Pritzker name carries weight:
“In this second age of high-flying real estate, brand-name architecture and globe-trotting wealth, the identity of a designer has taken on ever-increasing value to ensure that a project’s multimillion-dollar homes stand out. Anyone can install waterfall showers and Wolf ranges. A Pritzker is harder to come by.”
“Though Mr. Ban’s Pritzker could make it costlier to hire him in the future, some developers find a laureate worth the expense. ‘You can save a lot on plans, because you only have to change 10 percent of the project, instead of 90 percent; the vision is just

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