Headquarter Relocation Analysis

Industries:

Commercial

PRA was commissioned by an investment bank to conduct detailed estimates, validating developers’ proposed construction costs for six potential office towers situated across Hudson Yards, Midtown Manhattan, and Lower Manhattan. Leveraging our expertise, PRA performed comprehensive sensitivity analyses for each prospective location, meticulously outlining the financial implications and advantages associated with each site. Furthermore, our analysis seamlessly integrated with the overarching project schedule and proposed designs for each building scenario. Additionally, PRA provided estimates for necessary building upgrades associated with each scenario, ensuring a holistic understanding of the total project cost. Our meticulous approach and insightful analysis enabled stakeholders to make informed decisions, ultimately optimizing project outcomes and maximizing potential returns.