Hmm, [1] suggests 25% overhead for 30-40 stories. Maintenance is largely irrelevant to the sales price, assuming the HOA/condo association fees aren't wildly o

Hmm, [1] suggests 25% overhead for 30-40 stories. Maintenance is largely irrelevant to the sales price, assuming the HOA/condo association fees aren't wildly out of line with others. Also, these should scale linearly or sub-linearly I'd think. I still don't see an answer to why $300/ft2 (or hell, $500/ft2) construction costs are a problem when condos sell for $1k +- 50 ft2 in the north east chunk of sf. Even $500/0.70 = $714 / salable ft2. Which should make selling prices near $1k a damn attractive proposition. The cost of land goes as (land cost / ft2) / ((1/0.7) x (stories - 1)) so even $5k/ft2 of land cost comes out to $103 per salable ft2 on a 35 story building. [1] https://westnorth.com/2015/04/27/high-rises-land-efficient-but-not-floorspace-efficient/ https://westnorth.com/2015/04/27/high-rises-land-efficient-b...