Description
Book SynopsisThis revised edition examines major redevelopment efforts in New York and London to uncover the forces behind these investment cycles and the role that public policy can play in moderating market instability. It chronicles the progress of three development projects in New York and three in London.
Trade ReviewFainstein’s updating of her work will retain the book’s position at the forefront of urban development literature."—
Planning Theory & Practice"A truly exceptional book. Fainstein provides a rich theoretical standpoint to question the complex relationship that exists between politicians, community groups, developers, financiers, activists, and others in urban redevelopment."—
Urban Affairs Review"Fainstein writes a very fascinating story about real estate development in New York and London. She gives not only attention to the role of local governmental authorities, the impact of globalisation, and the changing built environment of cities but also to the role of individuals in that process. This study is an essential reading for students in urban sociology, economic and planning. Instead of being outdated by the events of September 11 this study may teach us preeminently how to understand what is happening today, noting how real estate companies like Silverstein and others are already active and eager to make their profits in Lower Manhattan."—
Housing Studies"An utterly unique book that offers new, powerful arguments about the interaction between governmental authority and property investment in the urban environment, the impact of globalization on urban economies, and the role of property markets in changing the built environment of cities."—Dennis R. Judd, coauthor of
City Politics"A fascinating and important story that challenges conventional, radical and post-modern theories of property development."—Michael Harloe, coauthor of
City Class and Capital"This is, more than ever, essential reading for any serious student of the contemporary city."—Peter Hall, author of
Cities in Civilization
