How much did 383 Madison Avenue cost to build?
383 Madison Avenue was developed as Bear Stearns' world headquarters beside Grand Central Terminal in Midtown Manhattan. Construction started in 1999, employees began moving into the tower in late 2001, and Hines records completion in 2002. The reported $516 million headquarters program covered $275 million for the structure, $76 million for interiors and $165 million for information technology.
Reported project cost
$516 million
Cost basis: 2001
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Basis of the published figure
Reported project cost2001
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