Real Estate Market

Dongtan Eco City was planned for completion for the Shanghai World Expo in 2010. By that time, 5,000 people should be living there. However, the planned housing, water taxis, sewage‐recycling plant and energy park all failed to materialize.

A public art park has sprung up on a corner in Manhattan on loan from a local developer waiting to build on the land.

This slideshow from New York looks at a handful of residential and office buildings in New York City that have either stalled or completely halted development.

The real estate industry has been slow to realize the development world is changing, according to Scott Polikov who writes that "the fundamentals of the 'bedroom community' economy have collapsed."