Construction costs in New York City have increased steadily since 2010, and last year was no different with a 5 percent jump. A new report released by the New York Building Congress points to a concentration of work in the office, luxury multifamily and infrastructure sectors as part of the reason for rising costs. According to data from Rider Levett Bucknall, the average cost of building office space is $575 per square foot in New […]
source https://therealdeal.com/2019/02/07/construction-costs-continue-to-climb-in-nyc/
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