Newsflash: [NYC] Building costs per sqf?

How much are building costs for a new low-rise multifamily in Williamsburg per square foot? Guessing around 500.00/sqf but not sure. Any care to correct? From experience would be nice. Thanks!

Read more at https://www.reddit.com/r/RealEstate/comments/6p6hpn/nyc_building_costs_per_sqf/?utm_source=ifttt

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