| Project |
Luxury High-rise Hotel & FF&E
Manhattan, New York |
 |
| Size |
27-story, 125 guestrooms, 88,000 SFG |
| Site |
0.1 acre |
| Schedule |
20 months |
| Delivery |
Guaranteed Maximum Price |
| Labor |
Union |
| Site |
Excavation, grading, and utilities |
| Foundation |
Cast-in-place foundation walls, footings and slab-on-grade |
| Superstructure |
Cast-in-place |
| Facade |
Aluminum and glass curtain wall |
| Roof |
IRMA system |
| Lobby |
Carpet and stone floors; wood panels and vinyl wall covering on walls; and painted drywall ceilings |
| Finishes |
Carpet flooring, wood panels and vinyl wall covering walls and painted ceilings in guestrooms and common areas; marble flooring, vinyl wall covering and tile walls in bathrooms |
| Elevators |
Two (2) 27-stop gearless traction elevators and one (1) 4-stop hydraulic elevator |
| Sprinklers |
100% wet pipe sprinkler system |
| Plumbing |
Cast iron sanitary waste and vent piping; copper domestic water supply |
| HVAC |
Heating and cooling provided via water source heat pumps with supplemental gas-fired boilers for hot water in guestrooms and packaged rooftop units in common areas |
| Electrical |
4,000 amp, 120/208 volt, 3-phase 4-wire service, and a 350kW emergency generator |
| Amenities |
Restaurant, meeting rooms, and lounge |
|
| Trade |
Rounded Cost |
Cost
Per Unit |
Cost
Per SF |
| Site Work |
1,186,000 |
9,488 |
13.48 |
| Excavation/Foundation |
2,807,000 |
22,456 |
31.90 |
| Subtotal Site |
3,993,000 |
31,944 |
45.38 |
| General Conditions (16%) |
639,000 |
5,112 |
7.26 |
| General Contractor Fee (3%) |
139,000 |
5,112 |
1.58 |
| Total Site |
4,771,000 |
42,168 |
54.22 |
| Concrete |
9,527,000 |
76,216 |
108.26 |
| Masonry |
790,000 |
6,320 |
8.98 |
| Metals |
806,000 |
6,448 |
9.16 |
| Carpentry/Drywall |
5,575,000 |
44,600 |
63.35 |
| Thermal/Moisture Protection |
1,199,000 |
9,592 |
13.63 |
| Doors/Windows |
6,887,000 |
55,096 |
78.26 |
| Finishes |
2,973,000 |
23,784 |
33.78 |
| Specialties |
807,000 |
6,456 |
9.17 |
| Equipment |
528,000 |
4,224 |
6.00 |
| Cabinets/Appliances |
144,000 |
1,152 |
1.64 |
| Elevators |
1,578,000 |
12,624 |
17.93 |
| Fire Protection |
1,123,000 |
8,984 |
12.76 |
| Plumbing |
3,819,000 |
30,552 |
43.40 |
| HVAC |
5,205,000 |
41,640 |
59.15 |
| Electrical |
5,512,000 |
44,096 |
62.64 |
| Subtotal Base Building |
46,473,000 |
371,784 |
528.10 |
| General Conditions (16%) |
7,436,000 |
59,488 |
84.50 |
| General Contractor Fee (3%) |
1,617,000 |
12,936 |
18.38 |
| Total Base Building |
55,526,000 |
444,208 |
630.98 |
| FF&E |
6,375,000 |
51,000 |
72.44 |
| Total Rounded Direct Cost |
66,672,000 |
537,000 |
758.00 |
| Cost Distribution |
 |
|
