ULI New York Blog

ULI Case Studies – New York by Gehry at 8 Spruce Street

The development of New York by Gehry at 8 Spruce Street is a story about extraordinary design, perseverance, and exceptional timing. The building, designed by Frank Gehry, became an instant landmark in New York and garnered international praise among architectural critics. The project might have turned out quite differently, however, if not for the dedication of the developer, Forest City Ratner, to the original concept for the project. Even at a time when many people questioned the viability of the project, Forest City Ratner was resolute in its objective to carry the project to completion. In the end, with the help of fortunate timing and a recovering market, 8 Spruce Street has proved to be a very successful investment that has created considerable value for Forest City Ratner and the community of New York City. Located in lower Manhattan, the building offers panoramic views of midtown, Brooklyn, New Jersey, the Hudson River, the East River, and New York Harbor.

Read the Full Case Study Here

 

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