Real estate still makes dreams come true. In Parkchester, a 171-building, 129-acre, 12,271-unit city-within-a-city in north-central Bronx, they do everyday.

This big dream, affordable housing for working-class New Yorkers, got started 70 years ago by the Metropolitan Life company. Some remember it became a nightmare in the '70s and '80s when the Helmsley Organization, they say, let the place fall into disrepair. Rebirth and renewal came 12 years ago when a socially conscious local retail king, a not-for-profit group and tough-minded condominium owners helped bring it back to life...

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