For Olympic host cities, wins and losses last forever
On a field of dirt, about a hundred octagonal white tents are lined up in neat rows. They’re weather-beaten and coated with dust, but the logo of the United Nations High Commissioner for Refugees still peeks through on their fabric rooftops, revealing their purpose. Like many refugee camps set up in recent years, this one is a mix of desperation and inactivity. Unlike most others, it’s surrounded by stadium seating.
Can a new model for real estate investment help spread the wealth?
The commercial real estate developer Rodrigo Niño has a problem with commercial real estate development. The immense amount of wealth it generates, he argues, falls into the hands of too few people. People like him.