Topic: Townhouse renovation costs – Manhattan vs Brooklyn
Townhouse renovation costs – Manhattan vs Brooklyn
Hi, I am evaluating a near-gut renovation for a townhouse in Manhattan (all new mechanicals including wiring, HVaC, plumbing, a rear extension, new windows, doors, staircases, new kitchen and bathrooms, and reconfiguration of interior rooms, etc).
In general, Manhattan based professionals are indicating $500-600/sf costs, while Brooklyn based professionals are more in the ~$300/sf range.
I assume there is nothing intrinsic that causes Manhattan to be more expensive for townhouse construction projects, and is is a function of less price-conscious clientele?