Real Estate Market

Former HUD Secretary Henry Cisneors, now the executive chairman of CityView, makes the case for urban markets as the driving force of the real estate market (including investment from foreign investors) in the near future.

The idea of tuning toxic or polluted sites into parks has been creating new green spaces in cities throughout the country. It's also re-starting the real estate market.

Once the site of a seemingly endless string of outlandish building projects, Dubai has shaken off the dust from the market crash and resumed building less flashy projects at a steadier pace.

Bought at the height of the real estate market and intended for conversion into high-priced luxury apartment buildings, empty plots of land are littered throughout Los Angeles, undeveloped and quietly back on the market at greatly reduced prices.

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."