The Patient Room: what is the ideal solution? - Cornell University
The Patient Room: what is the ideal solution? - Cornell University
The Patient Room: what is the ideal solution? - Cornell University
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New York City Construction Costs: insight into increasing financial demands<br />
“<strong>The</strong> cost of new hospital construction <strong>is</strong> up 12<br />
percent per year, while renovation and alteration<br />
costs are escalating at roughly six percent per<br />
year.” (NYBC, 2010).<br />
New York City Building Congress, 2010<br />
Currently, average hospital construction in New<br />
York City runs at close to $600 per square foot,<br />
Boston and Washington D.C. are estimaged at<br />
$500-$555 per square foot, and Los Angeles and<br />
San Franc<strong>is</strong>co are at $380-$400 per square foot<br />
(New York Building Congress, 2010).<br />
Although th<strong>is</strong> represents <strong>the</strong><br />
construction costs for New York<br />
City schools, <strong>the</strong> same parallel and<br />
linear relationship can be drawn for<br />
Hospitals built in NYC, except with<br />
even higher construction costs.<br />
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