[C.]

Here is an interesting link:

https://www.cityrealty.com/nyc/marke...al-square/5944

“It’s a transit hub that’s attracting developers for its easier land costs, and lower construction costs,” explained Ken Pasternack, chairman of KABR Group, which is co-developing both One and 30 Journal Square with Kushner Companies. (The two towers will bring around 4,000 new units to the area, he said.) Pasternack thinks that by 2020, the neighborhood will be reinvented with new residential, retail and office space, all thanks to demand from priced-out New Yorkers looking for cheaper rent. “Rents for a new-development high rise will be $40 a square foot here, as opposed to $100 in Manhattan,” he said. “We’re betting tens of millions of dollars that in the next 10 years, the neighborhood will be a brand on par with Brooklyn.”