in dollars per square foot, of the HSBC building in London’s Canary Wharf: $1,976
Value, in dollars per square
foot, of Rockefeller Center in Midtown Manhattan: $1,400
It’s true that the HSBC building is much newer, and is custom-designed for
the needs of a modern global bank. But still. It’s in Canary Wharf.
It’s worth noting that Norman Foster’s "erotic gherkin", a/k/a 30
St Mary Axe, sold
for £630 million, which works out at $2,512 for each
of its 500,000 square feet.
Yes, the strength of the pound makes such comparisons a little invidious. But
like them all the same.