4 ms·
>Commercial real estate is about $3/SF (per month) in San Francisco (Class A) and $4/SF in Manhattan. I think you're off by quite a bit with your price-per-squ
by nextstep 12y ago
>Commercial real estate is about $3/SF (per month) in San Francisco (Class A) and $4/SF in Manhattan.
I think you're off by quite a bit with your price-per-square-foot estimates: http://therealdeal.com/blog/2013/10/01/manhattan-leasing-strong-in-q3-midtown-market-stratifies/ http://therealdeal.com/blog/2013/10/01/manhattan-leasing-str...
That is from last year and the average price in Manhattan was about $60/sf.
- deleted 12y ago[deleted]
- bri3d 12y agoUrban office leasing is almost universally quoted by yearly rates (for whatever reason), but your parent poster quoted by the month instead. $60/sf/yr works out to $5/sf/month, not far from your parent poster's assertion.
- knowaveragejoe 12y ago$60/sf by the above poster's metric(monthly) would be insanity.