Science: Skyscraper Economics

Authentically the only skyscrapers worth while constructing in the congested business districts of Detroit, Chicago or Manhattan, where certain plots are worth about $400 a square foot, are those of 75 stories. In San Francisco, Los Angeles and Cleveland, where prize blocks are worth $200 a square foot, the most profitable buildings must be just 63 stories high. No building should be constructed that high in St. Louis, Boston, Philadelphia, Pittsburgh or lesser communities, because land values there are too low to warrant the expense. Their land is comparatively cheap because...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!