The Three Most Important Things in Real Estate Are. . . .

Farnsworth HouseLudwig Mies van der Rohe is considered one of the twentieth century’s greatest architects. Known for his advocacy of modernism – “less is more” – Mies designed many famous structures: the Seagram Building in New York City, much of the IIT campus in Chicago, and a few houses.

The most important of his homes is the Farnsworth House, a weekend retreat south of Chicago. Dr. Edith Farnsworth had money and taste. She wanted the home to be significant work of architecture. The project turned sour, ending with lawsuits and the cessation of communication between owner and architect. The Farnsworth House is now on the National Register of Historic Places and is run as a museum by the National Trust for Historic Preservation. The house is an icon – it is a member of the Lego pantheon.

The house is designed to integrate with nature. Situated on the Fox River flood plain, the house was flooded in 2008 following a hurricane (yes, they can make it all the way up the Mississippi River Valley, though they lose their punch in the journey). We had some heavy rains earlier this week. The house had to be closed. To avoid looking like a house boat, the organization that oversees the house is now considering a plan to relocate it.

Interesting what makes for successful architecture, isn’t it?

On, and it’s location, location, location.

David Potash