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All of the candidates criticized a plan, which has angered public housing residents, to raise money for the New York City Housing Authority by constructing luxury apartment buildings on housing authority parking lots and playgrounds.
Surrounding the Buddh circuit, the Jaypee group has already started constructing luxury villas and apartments, which are being sold to India's urban elite at anything upto £1,000 per square metre.
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For instance, there is Avalon Bay, the developer of recently constructed luxury buildings on First Street.
Rudin Management purchased the bankrupt St . Vincents Hospital for $260 million in 2010 and intends to construct luxury housing on the site.
At the wheel of the Chrysler, I felt as though I were in one of those hastily constructed luxury big-foot homes.
At hearings and community board meetings, advocates for the poor said that they feared that the building would be sold to a developer who wanted to construct luxury apartments.
Investors such as Orizo, who were willing to construct luxury tourist lodges, were needed to build the essential infrastructure.
But Chua, who was among the first to construct luxury residences in Singapore's Sentosa Cove, saw his wealth decline as shares in Ho Bee fell.
The Four Seasons Shanghai, a property of Four Seasons Hotels and Resorts, is one of the city's many newly constructed luxury hotels, most of them built and managed by Western companies.
On the other side of the road is a series of newly constructed luxury apartments, built to house the university's students, set against the backdrop of a brilliant blue sky.
But while the firm has had its share of big projects in prosperous areas, including building condominiums in TriBeCa and constructing the luxury Water Club restaurant on East 30th Street in Manhattan, its specialty now seems to be once-blighted neighborhoods in the Bronx.
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