Word: condos
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...heart of Brooklyn held such appeal. Against all odds, for the past several years Mayor Michael Bloomberg's administration has lobbied to turn the borough's Gowanus Canal - a foul, PCB-laden channel that winds for nearly two miles (about 3 km) - into a destination spot for condo dwellers and upscale retail developers. On March 2, however, the Environmental Protection Agency (EPA) offered the city a reality check when it designated the Gowanus a Superfund site. The distinction is reserved for the country's most hazardous waste sites and allows the federal government to direct cleanup and charge polluters...
Cheap and crumbling spaces, however, often attract a city's most creative people. A vibrant artist community has settled into the decrepit industrial landscape around the canal, and some of its members are breathing a sigh of relief in the wake of the EPA decision. High-end-condo development "presents a danger of a different sort," says Tamara Pittman, who works at the Proteus Gowanus art gallery. Pittman says she knows the canal needs to be cleaned up but still can't help admiring its "beautiful neglect." The artists who have been attracted to the area's preserved detritus...
...woman on a small boat to play out their sexual rivalries. In the 1965 Repulsion he locked young Catherine Deneuve in a London flat and let her go picturesquely berserk. Hollywood called, with Rosemary's Baby (1968), which imprisoned the pregnant Mia Farrow in a Manhattan condo to be preyed on by Satanists. By the end of the decade, and ever since, "Polanskian" could have been as evocative a summary of a director's nightmare world as "Hitchcockian." (See the best movies of the decade...
...Winter Olympics' opening ceremonies, the waterfront condo complex in Vancouver that is housing more than 2,700 Olympic athletes and team officials is winning almost universal praise from its guests. The suites are, to borrow a favorite snowboarding phrase, sweet, with marble-top counters in the shiny new kitchens. Each unit has a living-room area - a far cry from the dormlike conditions of Villages past. And the views are nothing short of breathtaking. Many apartments look out onto an inlet and the silver downtown skyline, with snowcapped mountains as a backdrop. "It's blown us away, to be honest...
...city could recoup its investment if the developer sells enough million-dollar condos to Vancouver residents after the Olympics are over. That may have been a reasonable expectation in the real estate go-go days. Yes, the digs are nice, and the development has won kudos from environmentalists for the energy-efficient design of the complex, which has green roofs and will reuse rainwater, and for its easy access to public transportation. Metro Vancouver housing prices have rebounded from the worst recession lulls - year-over-year condo prices were up 15% in January - but it's still not the best...