Dec 19, 2006

Engels Would Gasp, and Locals Gripe, at a Golden Mile

The New York Times published an article yesterday portraying the growing gap between the have's and have-not's in today's sizzling housing market of Moscow flooded with oil money.
“Leave Us Alone” is the name of a movement started by the residents of Ostozhenka, once home to many artists and intellectuals, which is now known in the parlance of real estate agents and their wealthy clients as the Golden Mile. It was spurred by the latest luxury housing project, slated for the site of an apartment building in which some of them still live, at Khilkov Pereulok 3.
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