Pierhouse at Brooklyn Bridge Park

Do I understand this correctly - $1.8L/sq.ft plus $2-3K in monthlies - and this is for a land lease building in Brooklyn???

"building in Brooklyn" stopped being relevant years ago. Brooklyn is its own brand and is now out from Manhattan's shadow.

99 year land lease and the buildings on the park can buy them back from the city for $1.

From the inventory available on the website, it might appear that sales have slowed down since the initial offerings. I recall reading that the building was 40% sold? But prices have been jacked up by huge increments. Has anyone heard anything else recently about this building?

And @dipiesa, is it assured that this building can buy the land back from the city in 99 years? Not that we'll be around for it, but I'm curious.

thanks