Originally Posted by gramsjdg
2 billion seems a bit steep. Burj Dubai was 2 billion as well (I know that the workers there got paid next to nothing, but still...)
Of course 1WTC was 4 billion, but that's a special case...
We can sum the cost of a tower based on soft vs hard costs. Pre planning, design, land purchases, assemblages, and so on can often add a significant amount to the total cost, even if they are soft costs. It's not necessary the construction that is super expensive and a huge % of the total amount. Land often has a huge cost, especially in NYC. Kinda why you will see the same height, and sq-ft tower rise in Queens, yet seem 1/4 the price. Also factor in the engineering and materials. With the Burj price, that same tower, in Midtown, would be much much more expensive. Also the Burj is an engineering marvel. Kinda like the Kingdom tower which has a foundation that is 30 stories deep. Lastly, contractors, billing rates, and pricing for materials can vary. More a byproduct of soft costs. Shitty negotiations may yield overall higher costs over "X" years or months.