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Dumbo: Officially Expensive

Recall The Nexus, the new Dumbo development that had seemingly normal New Yorkers camping out in the cold for the privilege of signing a contract? According to the developer's website, only seven apartments in the building remain unsold. Notes a Curbed correspondent:

If they are really getting what they say they are (they already have 31 contracts) then they are pushing the DUMBO market to an average of about $830 per square foot. The two projects Corcoran has there (at 85 Hudson and 57 Front) now only averaged in the $640s!Open house this Sunday if you're looking to get in on the fun. Apartment 5C, a two-bedroom, is on the block for $820,000.
· Listings and Sale Prices: The Nexus [The Developers Group]
· Listings and Sale Prices: 85 Hudson [Corcoran]
· Listings and Sale Prices: RiverFront (57 Front) [Corcoran]
· Camping Out at The Nexus [Curbed]