Puerto Madero

Like four big blocks facing the Rio Plata; first comes La Boca, then San Telmo, then Montserrat and then Microcentro. Beyond are the more recent and upscale Recoletta and Palermo - Palerermo Viejo, Palermo Soho, Palermo Holywood and on and on- if you have a good name like Palermo, you might as well use it. In front of San Telmo, Montserrat, Microcentro and stretching towards Recoletta is Puerto Madero. This is the old city docks area. After the port moved further up the Rio Plata, the area fronting the river was basically the city dump. Now it is in the process of being reclaimed with a goal of a 'Fisherman's Warf' area. There is a huge expenditure of money and many of the old structures are being torn down to give rise to new Hiltons and Sofitels. There are a ton of new luxury skyscraper apartments being built, banking on the fact that $200,000 - $300,000 US will get you the same as 1-1.5 million US in New York. There are lots of security guards around - I mean lots. If you are white and obviously from the US you can't help but feel like, if someone tried to pick your pocket, they would be lying face down in the pavement before you knew what was happening. Honestly - does not make me feel more secure. Nonetheless, they did take a dump and turn most of it into a nature preserve in the middle of a huge city.