Skyscraper · United States

How much did One Vanderbilt cost to build?

One Vanderbilt is the 1,401 ft (427 m) office supertall next to Grand Central Terminal in Midtown Manhattan, developed by SL Green Realty with the National Pension Service of Korea, Hines and Mori Building, begun on 18 October 2016 and opened with a ribbon-cutting on 14 September 2020 about 70 percent leased. Wikipedia's infobox gives its cost as USD 3.31 billion, 6sqft reported SL Green's 2016 budget of USD 3.14 billion and Bisnow headlined it as a USD 3 billion supertall at the 2020 opening.

Reported project cost

$3.31 billion

Cost basis: 2020

View of the new One Vanderbilt skyscraper from 42nd Street and Fifth Avenue, Manhattan, NY in August 2020. At the time when the photograph was taken, exterior was largely complete but building was 3 weeks out from officially opening.
GaiusahalaCC BY-SA 4.0

Cost evidence

Basis of the published figure

Reported project cost2020
bisnow.com

Project metrics

Key dimensions

Project record

Timeline

  1. 18 October 2016

    Construction started

    bisnow.com
  2. 14 September 2020

    Opened or launched

    Bisnow

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