Ziabkin remembers that at the peak of sales in summer 2008 an average price of a 120 sq m apartment

By day, Vozdvyzhenka is popular for city walkers, wedding photo sessions and music clip shoots. But by night, the 17-hectare (42-acre) development falls quiet, its buildings dark, its street all but deserted.
Despite its prime location and agreeable facades, hardly anyone lives here. It was conceived 10 years ago as a desirable neighbourhood for the great and the good of the Ukrainian capital. But after a deep economic downturn withered Kiev in 2008 and 2009, the £85m development seacrest new jersey hotels has lain fallow, a headache for its developers and a monument to the folly of grand designs in fragile economies.
Ziabkin remembers that at the peak of sales in summer 2008 an average price of a 120 sq m apartment was more than £533,000. Now the same flat costs only £228,000. Ziabkin rejects descriptions by locals of Vozdvyzhenka as a "dead town", saying that 50 of its 250 apartments have residents and that repairmen are working on a further 50 for new tenants.
Sitting in his studio, Duchovychniy looks at photos of old Vozdvyzhenka that was for centuries inhabited by the craftsmen – potters and skinners – after whom the local streets received their names. Vozdvyzhenka is named after the local Khrestovozdvyzhenska church, known as a place of baptism of the Soviet Russian writer Mikhail Bulgakov.
The new plan of reconstruction emerged in the early 2000s and works started in 2003. Duchovychniy says the developers wanted to echo past-Soviet plans, but in the pursuit of profit they increased the number of floors, ignoring the need to expand the foundations and develop seacrest new jersey hotels building communications.
Complaints about cracks in the walls, water in the basement, and heating problems at Vozdvyzhenka have been reported in the local media since 2010, when its first few residents tried to start living there. Ziabkin claims all of these issues have been solved, adding that a number of top politicians, sportsmen and pop stars have homes in this district.