Design and Architecture
Has 'Zombie Urbanism' Gripped the Global City?
What happens when residential real estate is treated like a safe deposit box? DnA explores the urban impact of global investment in high end homes -- in London, New York and L.A.
By Frances Anderton • • 28m ListenWhat happens when residential real estate is treated like a safe deposit box? DnA explores the urban impact of global investment in high end homes -- in London, New York and L.A.
Photo: Time Warner Center in New York City. Courtesy of Kiah Ankoor.
In this episode
2 storiesThe Life -- and Death -- of London and New York
Towers of Secrecy , a New York Times series, examined the shady characters behind the shell companies that own condos in the ritzy Time Warner Center. This DnA broadcast looks at another aspect of global investment in residential property: the urban impact. How does it affect local business? Why is the trend being called “zombie urbanism?”
Read the story14 min“Zombie Urbanism” and L.A.
Los Angeles is attracting overseas investment in luxury homes in posh neighborhoods and in new high-rise condo developments in downtown. Is this a problem, or a sign of LA’s continued renewal? Does it make housing even less affordable to regular buyers? What does it mean for designers when they design for a faceless client?
Read the story14 min
