Just wonderin'
any contractors here that can give an educated estimate of what warwick cost?
by nowwhat? 10 Replies latest watchtower scandals
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Landy
A lot less than it would have done if they had to pay labour costs.
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Fisherman
A lot less than it would have done if they had to pay labour costs.
And how much is that?
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Landy
A dollar.
or a billion dollars.
or somewhere in between.
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darkspilver
$640 million US Dollars, for building construction only, excluding the external landscape, any specialized ground-works and costs to buy the land.
Not a 'contractor' here, but let's crunch some numbers!!
Considering that it's a mixed development - I suppose the residential parts would cost more than than the warehousing - and it's in NY State, rather than NY City
So how about saying $400-per-square-foot?
New York remains the costliest construction market in the U.S. and far outpaces other cities internationally. According to the report, building an office building in the city can cost roughly $550 per square foot, whereas a similar building in Berlin would run $174 per square foot and $365 in London.
https://therealdeal.com/2017/02/09/nyc-construction-costs-jumped-4-in-2016-report/And there is 1.6 million square feet
Those that will be living at the 1.6 million square-foot world headquarters will start moving in this September, with the entire Watch Tower Bible and Tract Society slowly moving out of Brooklyn, the organization's location since 1909.
http://www.warwickadvertiser.com/apps/pbcs.dll/article?AID=/20160609/NEWS01/160609936/0/subscribe-community/Jehovah%27s-Witnesses-new-world-HQ-nearly-completeso $400 x 1,600,000 square feet = $640,000,000
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exjwlemming
Darkspliver is really close. I am in construction in the USA in the Midwest. Generally, you are looking at $300-$500 a square foot depending on the size, height, type of structure, specialty systems, and grade of interior finishes. A simple office building complex with residential suites would be about $400 a square foot. However, the $400 a square foot includes union labor. As we know, the real estate company, WTBT$, was built on free labor. Since many of the labor manhours are donated, the org gets a break. It can be said that about 50% of the cost, is labor. There still is cost involved with free labor such as housing, food, and other expenses. I would probably figure a 35-40% discount due to the free labor because I believe that they do subcontract some specialized work. Also, my personal experience on quick builds (do you remember those?) demonstrated a lack of serious rates of production as well as work that had to be done over again with additional material costs. I estimate about $450,000,000.
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Fisherman
150 -200 million ( cost to wt )
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scratchme1010
I am (ok, was) a Civil Engineer. My estimate is A LOT.
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respectful_observer
@exjwlemming: I estimate about $450,000,000.
I would agree that's probably pretty close-- give or take $100 million. Hard to get something more accurate since they used paid (market rate) labor for some portions and not others. Although the volunteer LABOR was free, they decided to feed, house, and transport them-- all expenses they wouldn't have born if they just paid a construction company. Plus they're getting a little bit back (selling off excess construction equipment, housing, etc.) that a normal developer wouldn't do at the end of a project.
No matter how you slice it, though, there's no way they spent anywhere close to the money the raked in from selling off all Brooklyn properties.
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