So I am pursuing a project for a new ground up building here in NYC. My past work has been primarily in the high-end / residential loft/ interior genre. Past fees were typically in the 12-15% range of construction cost. Can anyone share experiences they have had in fee structure for a new development building? I have heard varying methods of structuring fees for developer projects. I’d like to here others experience. This project is specifically an infill lot in Williamsburg, Brooklyn, approx 5500 sf. Any of you w/ specific NYC perspective are especially appreciated.
Thanks!


Comments

  1. Thanks for the feedback. $10/sf buildable, sounds reasonable. Just curious, in your interviewing process, what did you find were the major contributing factors in selecting your architect? I would appreciate the perspective from the client side.

    Also, If you are interested in interviewing other architects for future projects, feel free to drop me aline. I’m happy speak with you.

    George

  2. I’m working with an architect now on a project this size. I got some prices and chose this guy after interviewing him first. It’s been great so far. The cost is $10 per square foot buildable.

  3. I probably should clarify a bit. I AM an architect…just looking for perspective from other architects who have done design work for developers.

    Thanks again.

  4. Hi there.

    I know a Brooklyn Architect from MIT who dose new high end homes (5m – 10m)that would help you out. His number is 970.618.3430 (Dave).