> Others due more to development factors: NYC is more in-demand than if it was an empty bunch of land because we've already done a bunch of development there.

> Others due more to development factors: NYC is more in-demand than if it was an empty bunch of land because we've already done a bunch of development there. Agreed, and human development is a major part of that. NYC is a cultural center of the world, which is a result of its human development, and that has a tremendous currency and gravity over and above Manhattan's physical grid.