The construction cost of the Avenue of the Americas Building was $80 million in 1974

means if we adjust for inflation:

1) the average annual inflation rate in america. from 1974 to 2024 is ~ 3.55%
2) using this rate, the inflation multiplier over 50 years is roughly 6.63.

$80 million (1974) × 6.63 ≈ $530 million (2024).


so to build the same building today , itll cost half a billion dollars






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