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Tag Archives: economics


No doubt you are all wondering, what is the ratio in the U.S.   From my limited research, the number seems to be around 0.7.   


Advertisements   A link that has current $/sf real estate prices in Manhattan.

The Freedom Tower, now known as One World Trade Center,  will comprise $2.6 million square feet of office space at an estimated cost of $3.1 billion.    Simple math produces the $/sf for the construction at  $1193/ square foot.

Office space in the World Trade Center part of Manhattan rents for $80/sf on the higher end side.  (per year).

1193/80 =  15 years of rent to pay back the construction cost.