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The Weekly Photo Challenge from the folks at The Daily Post at http://dailypost.wordpress.com/  is Urban.

A familiar sight in the city; the rehabbing of old buildings, transforming them from warehouses, factories etc into condominiums.

These pictures were taken prior to the bursting of the housing market bubble a few years ago. What started out as the promise of a bright future for many, quickly became a financial nightmare. A drastic drop in property values saw hopes and dreams evaporate almost overnight.

Hopefully things are looking up for those who were able to weather the storm.