This month's Construction Cost Case Study features a student housing project located in New York, NY. To view the full details of the project including specifications, cost synopsis and cost distribution, download the document below.
Download Full Construction Cost Case Study


One Manhattan Square is an 815-unit, 72-story luxury condominium glass-enclosed tower to be located on a 2.17-acre site at the edge of New York Harbor on the Lower East Side of Manhattan.  The building will be one of downtown’s highest, and provide some of the most dramatic 360° panoramas NYC has to offer.
One Manhattan Square’s amenities include a children’s playground, tea garden, landscaped terrace with tree house, outdoor cooking area, gardens, basketball court, squash court, golf simulator room, spa with lap pool and hamman (Turkish bath), theater, parking garage, game room, bowling alley, business center, lounge with demonstration kitchen, multiple fitness studios, and weight room.
The project is being developed by Extell Development, with Adamson Associates as the Architect of Record, and Lend Lease (US) Construction LMB Inc. as the Construction Manager.  Construction began May 2015 and is expected to be completed in 2019.
CBRE was retained to provide construction risk management services for the construction, including cost control, review of contract drawings and specifications, as well as review of construction documents, schedules, permits, and approvals.  While under construction, CBRE is providing payment requisition review and approval services, schedule conformance review, and confirming general compliance of construction with the project documents.

For questions regarding Construction Risk Management, please contact:

Robert W. Barone, R.A., LEED AP
Senior Managing Director
+1 914 467 6913


CBRE's Assessment & Consulting Services (ACS) provides a full suite of real estate consulting services - including property condition and environmental site assessments, facility assessment consulting, construction risk management and telecom advisory services.

As part of the Valuation & Advisory Services practice, ACS offers clients the ability to bundle appraisal, assessment and consulting services, making CBRE the only one-stop shop for providing all due-diligence services in-house.  Our services include:
  • Construction Risk Management
  • Property Condition Assessments
  • Environmental Site Assessments
  • Facility Assessment Consultative Solutions
  • Seismic Risk Assessments
  • Zoning Compliance
  • Telecom Advisory Services
  • Financial Reporting
  • Appraisals
  • Specialty Valuation Services
For more information on CBRE's Assessment & Consulting Services, please contact:
Jason Lind

Executive Vice President
+1 310 420 8423
Tom Hamill

Senior Vice President
+1 404 940 9441
Nathan Sorensen

Senior Vice President
+1 832 229 3370
Jeff Manas

Senior Vice President
+1 571 308 5639
Nikki Boatwright

Vice President
+1 415 420 6687
Letizia Rubino

Senior Vice President
+1 917 717 2870

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© 2018 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. Any projections, opinions, or estimates are subject to uncertainty. The information may not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk.

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