It's unlikely the real estate downturn is going to put much of a halt on the transformation of downtown Boston.
Sure, it will be a while before we see another Mandarin Oriental - but the last decade left us with a glitzy condo tower on every corner.
Meanwhile, sales $1 million-plus condos in downtown Boston, after dipping during 2009, are back on the rise again. (For anyone mystified as to why luxury spending is rising in a down economy, check out this excellent piece by a former colleague of mine, Brett Arends.)
Anyway, here's an interesting interview in Fast Company with a critic of the downtown transformation - in this case subject is New York, not Boston.
Take a look - many of the same issues clearly apply to downtown Boston as well.
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