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February 2007 estimates put the cost for construction of 1 WTC at $3 billion, or $1,150 per square foot ($12,380 per square meter). Approximately $1 billion of insurance money recouped by Silverstein in connection with the September 11 attacks is being used for construction of the new One World Trade Center. [ 8 ]
Although inflation has slowed, rebuilding costs increased from 2023 to 2024, ... When a home insurance policy with a $300K dwelling limit already costs nearly $2,200 per year on average, ...
Electrician rate: $50 to $100 per hour. General contractor cost: 10% to 20% of the total project cost. House framer rate: $7 to $16 per square foot. Interior designer rate: $50 to $200 per hour ...
An estimate in February 2007 placed the initial construction cost of One World Trade Center at about $3 billion, or $1,150 per square foot ($12,400/m 2). [ 62 ] In January 2008, two cranes were moved onto the site.
[146] [147] It has roughly 365,000 square feet (33,900 m 2) of retail space, which once again makes it the largest shopping mall in Manhattan. Although the new mall is only spread over roughly one-half of the original mall's footprint (due to the new space required for the below-grade National September 11 Memorial & Museum), the mall is double ...
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