search

The Real Deal Logo

Trending

Lawmakers reach sweeping housing deal with “good cause eviction,” new 421aLawmakers reach sweeping housing deal with “good cause eviction,” new 421aDavid Werner strikes $115M deal to snap up 100 Wall Street at big discountDavid Werner strikes $115M deal to snap up 100 Wall Street at big discount$1.8B in Parkmerced debt heads to special servicing$1.8B in Parkmerced debt heads to special servicingHousing deal critics spin themselves sillyHousing deal critics spin themselves silly
New York

North Korea racing to build its largest tower

Kim Jong-Un has ordered workers to build at "Mallima Speed"

North Korea’s most iconic building, the Ryugyong Hotel in Pyongyang, is still under construction after three decades, but that isn’t stopping the dear leader from trying to outdo his ancestors.

fnorth-korea-architecture-tallest-building-pyongyang-2

Kim Jong-Un has his workers adding a new floor to a massive apartment complex on Ryomyong Street every 14 hours, according to North Korean state media cited by Curbed.

Sign Up for the undefined Newsletter

Work is supposedly being done at “Mallima Speed”—the speed of a mythical winged horse that travels really really fast.

When completed, the project will boast a 70-story apartment tower, the tallest in North Korea. It also features a “green street,” solar panels and geothermal energy that will power the entire street. I guess that means no more blackouts?

The construction will create 3,000 new apartments and is supposed to be finished by the end of 2016. But of course, North Korea isn’t known for sticking to a schedule. [Curbed] –Christopher Cameron