Archives for category: Business

New York City Mayor, Michael Bloomberg, had a contest for urban developers. The challege: How many people can you squeeze into a city block.

Monadnock Development LLC won the challenge by proposing to cram 55 micro-apartments at 335 East 27th Street in Manhattan by September 2015.

These units range in size from 250-370 square feet, or about the size of my laundry room. Prices range from $940 to $1,870 a month. What a deal!

It gets better. These modular apartments are built in the Brooklyn Navy Yard, then stacked on one another like Legos.

For your viewing pleasure, more stupid plans to stack people deep and cheap are being featured in an exhibit at the Museum of the City of New York, called “Making Room: New Models for Housing New Yorkers.”

At what point do people in New York decide to move elsewhere? If you’re going to live in a box, at least have a yard.

Leo the Lion is the poster boy for MGM (Metro-Goldwyn-Mayer). Since 1924, seven lions have held this job. Pretty steady gig.

Forget about the cutting edge airports being built around the world, Virgin Galactic launched the world’s first spaceport in August of 2012.

Spaceport America, located in the remote deserts of New Mexico, is slated to provide regularly scheduled commercial spaceflights by 2013. SPA has already launched 12 suborbital flights.

At $209 million, this project includes its own airfield, launch pad, terminals. hangars, utilities, water sources, roads, restaurant and tourism center.

This facility is so remote and expensive, I can’t see this being a profitable venture. More likely it’s just part of a pissing contest within the Billionaire Boys Club.

Laying brick roads is a tedious and costly construction option. As a result, brick roads use to be reserved only for posh or historic neighborhoods. Not anymore.

George Bennie invented the “Railplane” in 1930. It was faster, smoother and quieter than traditional rail. Neither did it have a shrieking whistle or belch smoke.

As icing on the cake Bennie insured his invention provided passengers the height of opulence: thick carpet, table lamps and curtained windows.  

As it turned out, the railroads had too far of a head start (a century) on Bennie and investors weren’t willing to finance the risky venture. At least somebody snapped these cool photos to commemorate the effort.