Seriously?

The area around McCarren was developed into condoland years ago (a lot of projects predate the 2005 zoning). I’d bet that the prior redevelopment, not to mention the massive rezoning of the area in 2005, had a lot more to do with the price of development sites in the area than a few million gallons of water in a pool do (as fantastic as that pool might be).

I can’t see the actual report from Eastern Consolidated, but the total volume comparison is BS. Look at $/sf (mentioned in the Crain’s report), and the areas are a lot closer (though McCarren still “wins” by 20%, not 200%).

And then decide which is the apple and which is the orange.