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Old September 28th, 2008, 12:26 AM   #2121
the sock
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is that look permenant on the buildings
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Old September 28th, 2008, 07:26 AM   #2122
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Very interesting way of advertising ! good sense of humour ...and I don't think those will stay there permanent , they'll take 'em off when the constructions complete
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Old September 28th, 2008, 12:55 PM   #2123
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Quote:
So any of you remember a picture where the developers of these buildings were standing in front of the new skyline, wearing suits in a nearly "Matrix" attitude?

Well, I can't seem to find it anywhere...it was great.


this picture?
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Old October 2nd, 2008, 05:05 AM   #2124
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Oct. 1 (Bloomberg) -- Moscow's decade-long building boom is falling victim to the global credit crunch as record high interest rates squeeze developers in the world's third most expensive property market.

``Loan rates have climbed to ridiculous heights and the terms are very short,'' said Dmitry Lutsenko, a board member at Mirax Group, the Moscow-based company that's building the Federation Tower, which will be Europe's tallest skyscraper when completed.

Mirax canceled plans to develop 10 million square meters (108 million square feet) of commercial and residential space after interest rates on some loans rose to as high as 25 percent, Sergei Polonsky, Mirax's billionaire owner, said in a Sept. 29 e-mail
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Old October 2nd, 2008, 12:29 PM   #2125
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is it so difficult to use proper threads? this thread is about federation tower, not about unannounced projects.
it's also complete bullshit from yellow press. polonsky has posted a full video from press conference in his lj.
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Old October 2nd, 2008, 01:11 PM   #2126
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Quote:
Originally Posted by SpaceScraper View Post
Oct. 1 (Bloomberg) -- Moscow's decade-long building boom is falling victim to the global credit crunch as record high interest rates squeeze developers in the world's third most expensive property market.

``Loan rates have climbed to ridiculous heights and the terms are very short,'' said Dmitry Lutsenko, a board member at Mirax Group, the Moscow-based company that's building the Federation Tower, which will be Europe's tallest skyscraper when completed.

Mirax canceled plans to develop 10 million square meters (108 million square feet) of commercial and residential space after interest rates on some loans rose to as high as 25 percent, Sergei Polonsky, Mirax's billionaire owner, said in a Sept. 29 e-mail
I don't think Russian developers are that dependent on loans. I bet most of them could easily pay for their projects in CASH.
The Credit crunch originated in the USA, and it will affect primarily American developments.
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Old October 2nd, 2008, 03:48 PM   #2127
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Many European banks jumped on the train though, and took a heavy blow as well. Suits them right, they knew what they were doing.
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Old October 2nd, 2008, 10:55 PM   #2128
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Originally Posted by pixel2008 View Post
I don't think Russian developers are that dependent on loans. I bet most of them could easily pay for their projects in CASH.
I guess this means you've got the balance sheets of all Russian developers.

Sarcasm aside, developers do not rely strictly on cash - the return on investment is too low.

Don't shoot the messenger.

I just hope the Russian Tower is already financed. Otherwise, it could be delayed for years like the Shanghai World Financial Center after the Asian financial crises.
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Old October 3rd, 2008, 12:02 AM   #2129
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is it so difficult to use proper threads? this thread is about federation tower, not about unannounced projects.
it's also complete bullshit from yellow press. polonsky has posted a full video from press conference in his lj.
Spare me the condescending attitude. The article specifically mentions Federation Tower and has relevance to all developments in general.

Bloomberg is one of the most trusted and unbiased sources of information on the globe - something you can't say about Вести, Новости or РБК which omit information unfavorable to the opinions and policies of their government.
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Old October 3rd, 2008, 12:21 AM   #2130
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Quote:
Originally Posted by SpaceScraper View Post
Spare me the condescending attitude. The article specifically mentions Federation Tower and has relevance to all developments in general.

Bloomberg is one of the most trusted and unbiased sources of information on the globe - something you can't say about Вести, Новости or РБК which omit information unfavorable to the opinions and policies of their government.
1. This thread is about Federation Tower. There is the general moscow p&c thead.
2. Bloomberg does not differs anyhow from RBC. All speculations about cancellations of projects has been denied by Polonsky in his blog. He has posted a video of his press conference, which is cleared all questions. 1 - They will postpone, not cancel, unannounced project for a year. 2 No any of announced projects will be delayed. They have $2bln in cash + $1bln from their creditors.
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Old October 4th, 2008, 09:43 AM   #2131
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It grows every day, guys, relax.

Today's morning:



Check out the online web-cam:
http://www.federationtower.ru/about/process/

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Old October 5th, 2008, 10:26 AM   #2132
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is the air very clean over there in moscow like in forests and open areas away from any civilisation or is it bad like the claims of beijing air??? scale of ten with
one being the best (aka forests)
ten the worst (aka beijing claims)
???
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Old October 5th, 2008, 03:25 PM   #2133
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is the air very clean over there in moscow like in forests and open areas away from any civilisation or is it bad like the claims of beijing air??? scale of ten with
one being the best (aka forests)
ten the worst (aka beijing claims)
???
Well... I give 5. But it depends on weekday, daytime, weather, wind and region of Moscow. As I remember, FT is visible from Novokosino region — about 20 kilometers east.

The webcam shoots against the sun in the morning, in he evening the pictire is a little bit more clear.
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Old October 5th, 2008, 04:12 PM   #2134
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FT is visible even from 28,5 km
Quote:
But it depends on weekday, daytime, weather, wind and region of Moscow.
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Old October 10th, 2008, 03:53 PM   #2135
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Quote:
Originally Posted by Angelino85 View Post

Вид ночью
Photo by Angelino85
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Old October 10th, 2008, 04:16 PM   #2136
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Quote:
Originally Posted by Lordey View Post


this picture?


Yes, exactly that one. Thanks a lot!
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Old October 10th, 2008, 04:16 PM   #2137
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Quote:
Originally Posted by ausie View Post
is the air very clean over there in moscow like in forests and open areas away from any civilisation or is it bad like the claims of beijing air??? scale of ten with
one being the best (aka forests)
ten the worst (aka beijing claims)
???
Depending on weather, in the center between 4 and 5. Traffic can be a nightmare in M.
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Old October 10th, 2008, 04:18 PM   #2138
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Quote:
Originally Posted by pixel2008 View Post
I don't think Russian developers are that dependent on loans. I bet most of them could easily pay for their projects in CASH.
The Credit crunch originated in the USA, and it will affect primarily American developments.
You're very funny. Of course their projects are financed, nonetheless I don't think any projects are acutely threatened.
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Old October 10th, 2008, 04:21 PM   #2139
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Originally Posted by unixer View Post

simply amazing!
Great image... any link to a hi-res?
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Old October 10th, 2008, 05:49 PM   #2140
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it is going to look stunning when these are all built!


way to go moscow!
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