Journal Square Gets Developers’ Love
By admin on Wednesday, December 5th, 2007 at 10:53 am
The Real Deal reports Journal Square is finally catching the development bug.
“Currently, Journal Square is a relative bargain as existing condos run approximately $300 a square foot, while Jersey City’s waterfront has been selling at roughly $500 a square foot for new construction. Manhattan condo prices, by contrast, ran nearly $1,350 a square foot in the third quarter, according to numbers from Miller Samuel appraisers.”
