Well, my 1st experience with it was Detroit, circa 1990. I don’t envision lofts circling central park on top of tony hotels, I see Chicago’s projects.
Yes, there will be premium location. Those with unobstructed ocean views. The 2Bd place in Grande with 1600 sq ft may do well if the view is from the room, the photos look like their from the roof.
The 1bd, at a cramped 700 ft, is an efficiency apartment. in the end, it’ll probably be bought by the person who owns the Ocean view one to be used as quazi-live in maid’s quarters.
Those views aren’t great when over the next five years all you’ll be look at is other condo high-rises.