NYC’s (new) land rush: Developers play with thin margins as Manhattan land prices skyrocket

From left: Josh Goldflam, Bill Picoli, Vincent Carrega and James Nelson
From left: Josh Goldflam, Bill Picoli, Vincent Carrega and James Nelson

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From the December issue: Call it New York City’s new land rush. In the last year, prices for land and developable sites in the city — particularly in Manhattan and prime Brooklyn — have skyrocketed. [more]