NEW CONSTRUCTION

PEOPLE

Design Team: Architect/Interior Designer, Mechanical Engineer, Electrical Engineer, Plumbing Engineer, Structural Engineer, Expediter, Expert Consultants

City Agencies: Department of Buildings (DOB), Department of Transportation (DOT), Department of City Planning (DCP), Landmarks Preservation Commission

Construction Team: General Contractor, Sub Contractors (Mechanical, Electrical, Plumbing, Mill-worker), Inspection and Abatement Consultants (Asbestos, Lead, Boring and Soils)

PROCESS

Consultation: Depending on scope of work and availability STUDIO 397 will schedule a call to learn more about your project’s design intent, location, budget, and timeline.

Proposal: Once we have reviewed your project assessment form and conducted a preliminary walk-through (if necessary) of the site, a proposal will be executed by STUDIO 397 indicating the project’s understanding, scope of work, estimated schedule and our fees.

Project Kick-Off Meeting: Upon execution of all contracts between the owner and the Design, team we will all meet to discuss the overall schedule, documentation, and deliverables.

Design: As the project design develops, the articulation of space, construction drawings, and local jurisdiction documentation filling will be provided for. Phases Include: Feasibility Study | Preliminary Design | Schematic Design | Design Development | Construction Documents | Pricing, Pre-purchase, and Filing

Construction: Once Construction commences, based on the signed agreement, STUDIO 397 will oversee that during construction the design intent is being followed. Phases Include: Construction Administration | Close-out

Close Out: This is the last portion of the project where both the design team and the construction team must provide local city agencies with filling documentation and access to inspect the construction site in order to receive project sign-off and a Certificate of Occupancy (CofO).

PRICE

Soft Cost:

  • Borrower's Legal 

  • Preliminary walk-through - $375 (within NYC) or more (outside NYC)

  • Survey 

  • Architect Fees 

  • Engineers Fees

  • Interior Design Fees

  • Accounting & Cost Certification 

  • Bank's Engineer 

  • Bank Legal 

  • Permits and Expediting 

  • Environmental Phase I & II 

  • Inspections

  • Geotechnical/Borings 

  • Title Insurance 

  • Appraisal 

  • Mortgage Origination Fee 

  • Construction Interest 

  • Water/Sewer & Real Estate Taxes 

  • Insurance  

  • Soft Cost Contingency 

Hard Cost:

  • Construction Manager Fee

    • Construction Subtotal of All Trades (Materials & Labor)

    • Construction General Conditions (Materials & Labor)

  • Furniture

  • Equipment

  • Insurance

  • Contingency