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RIO DE JANEIRO -- The celebrations are done and the torch extinguished, but now that the Olympics are gone, Rio is left with questions about what will become of the citys plan to convert the Olympic Park into a bustling recreational district with luxury apartments and offices.Amid a continuing national recession, the consortium behind the park has sold less than 7 percent of the Olympic Villages 3,604 apartments, and real estate experts worry a similar fate is ahead for the main Olympic site where the city is hoping private companies build housing and offices in close to half of the parks land.Right now we are in the bottom of a well. Nobody is making offers on apartments, and there are many apartments sitting empty, said Claudio Tavares de Alencar, president of the Latin American Real Estate Society.When Rio de Janeiro was picked as the Olympic host city seven years ago, the country was a darling of the emerging markets. Rich oil fields had been discovered and, in 2010, the nations economy grew by 7.5 percent. Bidding wars for apartments were common then, and in 2005 some 1,500 apartments built for the Pan American Games sold out just hours after they went on the market.The financial landscape is far different now. Brazils economy contracted 3.8 percent last year and is expected to keep shrinking, affected by a slowing demand for iron ore and other commodities. Across the nation, more than 5 million people have lost their jobs since the end of 2014.Theres an oversupply of apartments all over Rio, obvious by the sight of partially built towers. After years of rising, prices per square meter have dropped 6 percent in the last year and a half to 10,241 reals, or about $3,200, according to real estate index FipeZap. With financial institutions charging prohibitively high rates for lending, real estate agencies have begun offering incentives such as honeymoon trips or private school tuition.Rio 2016 organizers and city officials have not talked about how the weak market could affect the potential for development of the 12.7-million-square-foot Olympic Park and its environs. But Leonardo Schneider, vice president of Rios housing union, said residential and commercial space are key pieces of the puzzle and that too many buildings around the park are unfinished or vacant.The problem is how we fill up those apartments, said Schneider. As good as it sounds to live in the Olympic Park, its going to take some time to find occupants and transform the area.Carlos Carvalho, the billionaire who developed the Olympic Park and village, has infuriated many in a country that desperately needs subsidized housing for saying the athletes village caters to the citys elite. It is called Ilha Pura -- Pure Island -- and apartments average 1.4 million reals ($435,000), offering amenities such as pools, a spa and a beauty salon. Penthouses of 1,700 square feet go for up to 2.3 million reals ($700,000). Another wealthy developer is building luxury marble and glass high-rise apartments around the Olympic golf course, with units that will start at about $2 million.They are very nice-looking apartments, said Idenir Cunha, a 67-year-old retired physicians assistant who lives in an older complex nearby. If I had the money, I would love to buy one. But in the middle of this crisis, who does?London 2012s village was turned into an affordable-housing complex, where people paid below-market purchase prices. In Rio, a study by real estate data company Geoimovel found that the villages apartments were advertising for well above the average price of most apartments with same features in Barra da Tijuca, a neighborhood of flashy shopping malls and lavish high-rise apartments that is home to the Olympic Park and athletes village.Many in Brazil protested the 39.1 billion Brazilian reals, or $12 billion, in public and private money that went to building Olympic venues and infrastructure, and the spending isnt over.The city will pay more than $300 million to dismantle or convert some of the sporting venues inside Olympic Park. The arena that housed fencing and taekwondo will be turned into a school for about 1,000 students with a focus on sport. A racetrack will be added to the park. And salvaged materials from one of the stadiums will be used to build four schools elsewhere, the city says.Brazil faced scrutiny for building expensive venues for the 2014 World Cup that wound up being barely used after the event. Some of the stadiums that cost several times their initial estimates were built in remote areas without first-division soccer teams and are now playing host to weddings or are used as parking lots.With the Olympics, everything was conceived in terms of what it would become after the games, Rio Mayor Eduardo Paes said this weekend in an interview with Globo TV. As for white elephants? No way, he said.------Adriana Gomez Licon is on Twitter http://twitter.com/agomezliconDeAndre Yedlin USA Jersey . Breaking three of his own world records on his way to winning in Paris, Chan silenced the critics and left the audiences standing in appreciation and awe. Christian Pulisic Jersey . -- Teemu Selanne scored the first goal of his 22nd NHL season, and the Anaheim Ducks extended the best start in franchise history with their fifth straight victory, 3-2 over the Calgary Flames on Wednesday night. http://www.usasoccerauthority.com/jozy-altidore-usa-jersey/ . Hey!" The lower tier of the School End of Queens Park Rangers Loftus Road was packed solid with a very festive-sounding Chelsea choral section in this particular part of South Africa Road London, W12. Matt Miazga USA Jersey . -- Anaheim Ducks captain and leading scorer Ryan Getzlaf has been scratched from Sunday nights game against the Vancouver Canucks because of an upper-body injury. Clint Dempsey Jersey . It was the second consecutive win for the Pacers (2-5), who lost their first five preseason games. Jeff Teague led the Hawks (1-5) with 17 points and eight assists and Al Horford had 12 points and seven rebounds. Mike Scott scored 15 of his 17 points in the second half.SALT LAKE CITY -- Few NBA teams are racking up frequent flyer miles faster than the Houston Rockets. Houston has taken the idea of being road warriors to insane levels early in the season.When the Rockets square off against the Utah Jazz on Tuesday night, it will mark the 12th road game in the teams first 18 games. Houston (11-6) has experienced plenty of success away from its home arena. The Rockets have posted seven wins in 11 road games so far and have averaged 110.8 points per game in those contests. Only two teams -- Detroit and Atlanta -- have held Houston under 100 points.The latest road victory, a 130-114 triumph over Portland, may have been the most impressive yet for Houstons offense. The Rockets shot 56.1 percent from the field overall and scorched the nets from the perimeter, burying 47.2 percent (17 for 36) of their attempts from 3-point range.Weve been tested, and guys are playing well, James Harden said following Sundays win over Portland. Our system, our team, the coaching staff -- the entire group is really good right now. Guys have bought in, and we all have one goal.Harden, in particular, has thrived in coach Mike DAntonis run-and-gun system. Harden exploded for 38 points and 10 assists against the Blazers. The veteran guard is averaging 28.9 points and a career-high 12.2 assists this season. He leads the league in assists and is dishing out nearly five more assists per game than his previous career high of 7.5 assists a season ago.ddddddddddddUtah is poised to offer a stiff test to Harden and Houstons high-flying defense. The Jazz (10-8) have won two straight home games since point guard George Hill returned from a thumb injury. They allowed just 75.5 points per game in those victories over Denver and Atlanta and won by an average margin of 26 points.Getting into an offensive slugfest isnt a problem for Utah either. The Jazz have won three straight while scoring 105 points per game. Gordon Hayward and Hill have formed a dynamic one-two scoring punch over that span.Hill is averaging 23.0 points per game over the last three games since returning to the lineup. Hayward is averaging 23.3 points in that same stretch. Their leadership has been a difference maker in rallying Utah from a tough stretch where it lost four straight games while Hill was sidelined.I think its maturity, Utah coach Quin Snyder said after the teams 112-103 win over Minnesota on Monday night. Theres some guys out there that didnt get rattled. George Hill, tonight, didnt play well the first half and really dug his way out of it, and ended up playing a very, very good game.Utah and Houston have faced each other once already this season. The Rockets cruised to a 111-102 victory over the Jazz on Nov. 19 behind 31 points, 10 assists and zero turnovers from Harden. ' ' '