New York City is no longer the most expensive place in the world to build, according to a new report. San Francisco has usurped the New York market with an average building cost of $417 per square foot, according Turner & Townsend’s latest International Construction Market Survey. Those costs are expected to increase 6 percent in the next year. In New York, the average building cost was $368 per square foot, up slightly from last […]
source https://therealdeal.com/2019/04/12/this-city-is-now-the-most-expensive-place-on-earth-to-build/
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