I bought a unit in the Beacon! Yes the area is a little rough, but so was the waterfront 10 years ago. The building and the amenities are going to be incredible. The price per square foot is less than half of what I would pay on the waterfront in Paulus Hook, and a 1/3 of what I would pay in Manhattan. Kick in the 30 year tax abatement and I can finally afford a decent place to live. There are many beautiful details in and outside those buildings, anyone should just take a trip into the sales office and see the marble and craftsman ship in the lobby... they don't make buildings like the Beacon anymore. If you think that 1200 units in the beacon can come online and do nothing for the area where it is located, than maybe you should not consider the Beacon. However I disagree. Get it now before it is too late.