There are now billions of dollars of real state in downtown manhattan that is build on what used to be covered with water although i don't think anything of a similar scale will be happening anytime soon.... there is a lot that needs to be done from soil analysis to dealing with local municipalities which is why none would write a book on it just about every zoning board and city council goes about business there own unique way...

A Fee Developer is a professional contractor like any other firm you would hire to perform certain aspects pf the project such as the civil engineers, site contractors, utility contractors, etc.

And I've been running one in Manhattan for about 6 years now for BP members.   

But I can still show anything even in Manhattan queens or Brooklyn. 

I was happy with the deal it's a beautiful brownstone in the Flatiron District of Manhattan,NY.

There was a luxury boom in Manhattan where apartments were being bought by foreign buyers.

But then have the Rocky Mtns and Manhattan Beach as our second homes.

Mind throwing some numbers out comparing Cosby vs PF/G? 

A million doesn't buy what it used to in PF.

The continued growth of the corporate hub looks to be getting better with Goldman exploring sites for its largest presence outside of Manhattan.