Thread: AUSTIN | Third + Shoal | 389 FEET | 29 FLOORS | U/C | Complete
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  #45  
Old Posted Jul 11, 2015, 3:19 AM
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ILUVSAT ILUVSAT is offline
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Join Date: Sep 2013
Location: Nomadic
Posts: 1,740
Quote:
Originally Posted by AusTxDevelopment View Post
Office space in New York towers rents for 8 to 10 times what an Austin building can expect to get in rent.
FYI...Average Class-A office in Austin's CBD are around $40/SF. Class-A office space in Manhattan average almost $80/SF (newer properties are asking in the $100-$110/SF range..average). Where are you getting the 8-10 times rate that of Austin?
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