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[deleted] t1_j9v6s5v wrote

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snappleking124 t1_j9v7h3e wrote

Edmonton Canada vs Manhattan. What could be different ? Cost of labor, cost of permits, construction insurance. Figure all of these are much much more in NYC than Edmonton Canada.

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TeamMisha t1_j9wfetf wrote

The entirety of Hudson Yards Phase 1 cost $25 billion and they built something like EIGHT skyscrapers, malls, and the biggest cantilever deck over rail in the world I think. The proposed area where Phase 2 is (to the west) doesn't need the same complex cantilever structure so I kind of agree the cost estimate is insane, I can't see how it should cost almost 1/3 the cost of the entire Phase 1.

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cha614 t1_j9vr3u9 wrote

Barclays Center cost $1 billion ten years ago. Even figure with inflation it’s not even close.

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ctindel t1_j9wnxs3 wrote

Hey lets bring in some labor from Edmonton then and let them insure it and waive all the permitting fees.

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akmalhot t1_j9wnljy wrote

How tf are you comparing Edmonton to the heart of busy Manhattan

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[deleted] t1_j9wome9 wrote

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akmalhot t1_j9wpap6 wrote

Barclays center in Brooklyn not a top area of it cost 1 billion dollars..there's nowhere near the density in that area or access issues. The land value is not on the same level of pen district.

5 billions probably high, but to even think something in Edmonton has any value on comparison is ridiculous

The bills are spending .1.4 billion on a. Stadium in buffalo ny lol & granted that's absolutely ridiculous.

5 is probably high but most comments here are saying he shouldn't get anything. (him sucking is irrelevant, you can't end around eminent domain )

It would be like the governed saying, we've revoked your occupancy permit for your house , now it's only worth the raw land of 50k, that is what we will pay you for eminent domain

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[deleted] t1_j9wqr41 wrote

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akmalhot t1_j9wqxpf wrote

You don't know anything about costs in NY it seems.

We spent line 30 million on a staircase for a subway station.... Widening it.

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[deleted] t1_j9wsb9p wrote

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akmalhot t1_j9wtu05 wrote

Do you know what the cost of 2 city blocka on 7th Ave btw 31-33rd st is?

Hudson yards was cheap land because it was built above train yardsthat was previously unusable land

You're talking about land on top of a station that connects LIRR, NJ transit, and many subway lines together ?

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[deleted] t1_j9wu4ad wrote

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akmalhot t1_j9wuk66 wrote

5 billions is the land value and air rights alone, buddy.

Are you an expert in land value in manhattan?

Your just saying , OMG BIG NUMBERS

Msg spent well over 1 billion just marginally improving msg btw.

Aside from BIG NUMBERS, and Edmonton, what are you basing your thesis on

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[deleted] t1_j9wux53 wrote

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akmalhot t1_j9wvb49 wrote

Uh huh. Nice side stepstep of the question..

What are you basing your number on aside from , Edmonton land lol

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[deleted] t1_j9wvn70 wrote

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akmalhot t1_j9wvzbx wrote

Okay, so how did you arrive at your value of the land and air rights on one of the most exoe sive areas in the world?

And the most exoe sive permitting, licensing, construction hard/soft costs etc

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[deleted] t1_j9wx2qj wrote

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akmalhot t1_j9wxbfm wrote

The article literally says, 5 billion dollars for the cost to acquire land, not build an arena

How are you definitively arriving that 5 billions dollars is not what it would cost to acquire new land for an arena in the area ?

What does the cost to built an arena in a Canadian city have to do with land value in prime Manhattan ?

The article also says that not one single other arena in the city has been requires to obtain an operating permit (side note)

No pride in how expensive and corrupt the city is, but don't see why we need to let useless comparisons drag on

It sucks that land labor licensing air rights building costs construction are so expensive, but your comparison to an arena in Edmonton is pointless

I still dont understand what that 500 million has to do with the 5 billion dollar cost of land

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[deleted] t1_j9wymmm wrote

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akmalhot t1_j9x1gw3 wrote

You said that line 9 responses ago..

Your comparison like saying building a house in Pennsylvania cost $120/psf why is this shoe ox apartment selling for $1500-$3000 in NYC.. it .makes no sense.. ironically I happen to be in the middle of PA this wkd, hence the reddit

NYC is an amazing city, there's no doubting that. I've been to Edmonton before lol. Almost Couldn't pay me enough to move there.

You're taking this so personally, it has nothing to do with pride in expense of New York, but your dimbass comparison makes no sense.

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[deleted] t1_j9x31gg wrote

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akmalhot t1_j9x3tpu wrote

You keep, responding? Despite refusing to acknowledge how pointless your comparison was. Hence why multiple people let you know, lol

Cost to build and land in Edmonton is entirely unrelated to Manhattan. Sorry you can't grasp that .

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[deleted] t1_j9x3zsh wrote

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akmalhot t1_j9x5mwr wrote

I'm fucked up for pointing out that the cost in city a is not proportionate to the cost for doing so etbing in an entirely different value and regulatory environment ? Lol

You're just upset that no one has agreed w you or something .

Bye, again, for the 10th time ?

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sternfan1523 t1_j9wpccs wrote

It’s probably the most valuable piece of land in the world.

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