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Soft costs totaled 20percentt of the project budget.
Others have a more skeptical perspective about the soft costs.
Soft costs for East Side Access are expected to exceed $2 billion.
The total costs, including construction and the fees and services that constitute "soft" costs, come to $130,000 a unit.
He said it takes $750 a square foot to build in Manhattan, including "soft" costs like insurance.
These localized "soft costs" — which include the cost of permitting, labor, and customer acquisition — accounted for 46percentt of the total cost of solar in Connecticut in 2015.
She said the Lincoln Center redevelopment's soft costs so far -- $18.8 million -- amounted to about 1percentt of the initial expected construction cost of $1.5 billion.
Even without it, Solar City has grown by a hundred per cent each year for the past seven years, in part by lowering the soft costs of installation.
Mr. Lawitts said leaving such "soft" costs out of a large project's construction budget was "common practice" among his and other city agencies.
Nor does it include what developers call the soft costs of construction: architectural, engineering and construction management fees totaling $10.95 million.
Similar(1)
Rather than raise wages, managers lure workers with flexible hours and other benefits, what Mr. Consroe calls soft labor costs.
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