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03/12/2004 Archived Entry: "The Art of Selling Luxury Condos as Art"

Izak Senbahar a developer of luxury condominiums in Manhattan, was commenting this week that neighbors should not complain about a glass tower overlooking the Hudson River that he is planning. It is being designed by Richard Meier for a site just south of the two Perry Street buildings the architect also created.

"Simply by the fact that a new building by Richard Meier is being sold there, values will go up," Mr. Senbahar said. "Do you want to have a printer next to you or another high-class pure Richard Meier building next door?"

http://www.nytimes.com/2004/03/11/garden/11TURF.html?pagewanted=all&position=