Comment on Architect explains why large development in LA seems to be luxury developmentComments−pbreit9yI'm confused. $165/sf is very inexpensive ($200k for the 800sf condo with parking). Even $200-300/sf is not bad.−mahyarm9yHe is saying in order to deal with cost overruns that can easily happen, you need to charge $300-$400/sqft−jrockway9yI mean, in NYC we're talking $1000/sq ft as being inexpensive. People are paying $2000/sq ft to live in flood zones.−mcguire9yDepends very strongly on where, exactly you are looking.http://www.visualcapitalist.com/interactive-map-price-per-sq...−mtanski9yHe's talking about LA not SF. Building anything in SF is even whackier then in LA.−suhastech9yI think he means square feet.
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I'm confused. $165/sf is very inexpensive ($200k for the 800sf condo with parking). Even $200-300/sf is not bad.
He is saying in order to deal with cost overruns that can easily happen, you need to charge $300-$400/sqft
I mean, in NYC we're talking $1000/sq ft as being inexpensive. People are paying $2000/sq ft to live in flood zones.
Depends very strongly on where, exactly you are looking.
http://www.visualcapitalist.com/interactive-map-price-per-sq...
He's talking about LA not SF. Building anything in SF is even whackier then in LA.
I think he means square feet.