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Odd Lots — How Insurance Costs Make NYC Construction So Expensive
Buzzing ratingBUZZING· 70%47m·2026-02-26·Money

How Insurance Costs Make NYC Construction So Expensive

Odd Lots

It's hard to imagine New York City becoming significantly more affordable as long as it remains so expensive to build things. Whether we're talking about new housing or transportation, the city is a famously expensive place to do construction. There are reports of subway elevators costing $100 million per station.…

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70%
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Platform65%
Community78%
Platform × 0.6 + Community × 0.4
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