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NEW YORK GREEN LIGHTS WATERFRONT GUGG|
New York Mayor Rudolph Giuliani has approved plans for a new $678-million, 40-story Guggenheim Museum designed by deconstructivist architect Frank O. Gehry on the South Manhattan waterfront. The 550,000-square-foot titanium, glass and stone building, to be erected on connecting platforms resting on three East River piers, is to feature contemporary work and eventually become the Gugg's world headquarters (the uptown Frank Lloyd Wright facility will be reserved for classic moderns). The scheme includes an immense 225,000 square feet of exhibition space, with approximately a third going for the permanent collection and the rest to temporary exhibitions.
The colossal project would also include departments of architecture, design, media and technology, a performing arts center, shops, four restaurants, an outdoor sculpture garden, a skating rink, park and riverfront promenade. Guggenheim board chair Peter Lewis has pledged 25 percent of the cost, and observers expect the city to kick in around 10 percent. Gugg museum chief Thomas Krens projects two years for approvals and three for construction.
-- compiled by Giovanni Garcia-Fenech