In the article published in the New York times, they discuss the growth and development finally taking place after what seemed to be the disappointing area of Hudson Yard. Now the area is seeing substantial growth and development and thousands of new apartments are being built. The going rate for the rental market there is roughly 100 per square foot in some of the new lavished apartments. This looks like a positive sign to see a rebound in the housing market taking place.
http://www.nytimes.com/2013/04/21/realestate/hudson-yards-on-track-at-last.html?_r=1&adxnnl=1&adxnnlx=1366638613-yHgNX2PpWTjVNzXfeqVKow&
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