{"id":129,"date":"2004-05-27T01:33:40","date_gmt":"2004-05-27T08:33:40","guid":{"rendered":"https:\/\/missrepresentation.com\/?p=129"},"modified":"2004-05-27T01:33:40","modified_gmt":"2004-05-27T08:33:40","slug":"690sq-ft","status":"publish","type":"post","link":"https:\/\/missrepresentation.com\/?p=129","title":{"rendered":"$690\/sq ft."},"content":{"rendered":"

That’s not the going rate for some up and coming condo development in Brooklyn, that is the land<\/i> cost the Zeckendorfs paid<\/a> for what is “considered by many developers one of the most valuable sites in Manhattan” reports the Times<\/i>. Given that residential properties that fetch over $2,000\/sq ft still manage to raise eyebrows, by the time the Ceasar Pelli towers (sigh) soil the Central Park skyline, is anyone willing to put an over\/under on what units on this site can fetch (note that the number quoted isn’t even the final site acquisition cost, since there are some long-term tenants to buy out, taxes, and lawywers, lawyers, lawyers to pay)? $3,000? Four? At those numbers, a tiny Manhattan studio (300 sq ft) runs close to a million bucks. It’s gross no matter how you slice it. Gross in a way that makes you stop in your tracks and wonder why people don’t try to blow up this town every day.<\/p>\n","protected":false},"excerpt":{"rendered":"

That’s not the going rate for some up and coming condo development in Brooklyn, that is the land cost the Zeckendorfs paid for what is “considered by many developers one of the most valuable sites in Manhattan” reports the Times. Given that residential properties that fetch over $2,000\/sq ft still manage to raise eyebrows, by […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-129","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/missrepresentation.com\/index.php?rest_route=\/wp\/v2\/posts\/129","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/missrepresentation.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/missrepresentation.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/missrepresentation.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/missrepresentation.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=129"}],"version-history":[{"count":0,"href":"https:\/\/missrepresentation.com\/index.php?rest_route=\/wp\/v2\/posts\/129\/revisions"}],"wp:attachment":[{"href":"https:\/\/missrepresentation.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=129"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/missrepresentation.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=129"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/missrepresentation.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=129"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}