24-Hour Cities: Real Investment Performance, Not Just Promises" By Hugh F. Kelly

Routledge is delighted to introduce the first book about America’s cities that never sleep…


24-Hour Cities: Real Investment Performance, Not Just Promises, by esteemed real estate economist Hugh F. Kelly, examines the evidence for the claim that the 24-hour city is "better". Through detailed historical reflection and the examination of 14 American cities, Kelly looks at the claims made for and against 24-hour cities, and attempts to sort out the how’s and why’s that emerge as we consider not only the differences between cities, but their comparative advantages.

The results of his discussion have significant implications not only for the real estate industry, but for public planning and policy.

Close examination and comparison of performances of 14 American cities: Atlanta, Boston, Chicago, Dallas, Las Vegas, Los Angeles, Miami, Minneapolis, New York, Philadelphia, Phoenix, San Francisco, Seattle, Washington, DC.

24 Hour Cities is the very first full length book about America’s cities that never sleep. Over the last fifty years, the nation’s top live-work-play cities have proven themselves more than just vibrant urban environments for the elite. They are attracting a cross-section of the population from across the U.S. and are preferred destinations for immigrants of all income strata. This is creating a virtuous circle wherein economic growth enhances property values, stronger real estate markets sustain more reliable tax bases, and solid municipal revenues pay for better services that further attract businesses and talented individuals.

Yet, just a generation ago, cities like New York, Boston, Washington, San Francisco, and Miami were broke (financially and physically), scarred by violence, and prime examples of urban dysfunction. How did the turnaround happen? And why are other cities still stuck with the hollow downtowns and sprawling suburbs that make for a 9-to-5 urban configuration? Hugh Kelly’s cross-disciplinary research identifies the ingredients of success, and the recipe that puts them together.

About the Author: 

Hugh F. Kelly is a Clinical Professor of Real Estate at the NYU Schack Institute of Real Estate. He served as the 2014 Chair of the Board for the Counselors of Real Estate organization, and heads his own consultancy practice. He frequently speaks at international academic and industry conferences.

Author Quote:

"As national politics careen toward increasing dysfunction, the emergence of the 24-hour cities provide pragmatic evidence that a turnaround is possible, and may come in surprisingly positive ways. We have a tremendous reservoir of human, physical, and financial capital seeking places to be productive. Striving for excellence and investing in it, has proven a more durable and effective economic strategy than cost-cutting in a race to the bottom. The 24-hour cities show the way." - Hugh F. Kelly

More Information:

To request review copies or an interview with the editors, please contact us using the information below. 24-Hour Cities: Investment Performance, Not Just Promises is available in hardback, paperback and as an eBook:

April 2016 | 308 pages
Paperback: 9781138805118

Hardback: 9781138653177

EBook: 9781315752495

Media Contact:

To request review copies or an interview with the author, please contact:
Megan Smith / 917.351.7126 / Megan.Smith@taylorandfrancis.com

  • 24-Hour Cities

    Real Investment Performance, Not Just Promises

    By Hugh F. Kelly

    Winner of the Gold Award in the Tenth Annual Robert Bruss Real Estate Book Competition 24 Hour Cities is the very first full length book about America’s cities that never sleep. Over the last fifty years, the nation’s top live-work-play cities have proven themselves more than just vibrant urban…

    Paperback – 2016-03-31
    Routledge