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"releaseGap": 1227883.1727729174 } } } }, "notes": [ "R4.2 returns 1,961 sf gross allocation to homes. Enclosure increases by 1,164 sf and open construction decreases by 1,840 sf. Shared-area reduction is not assumed to equal cash savings.", "The former C core is reused within the existing building envelope; no unquoted stair-removal construction credit is taken. C1 now has a furnished two-bedroom/two-bath/office schematic on each floor; bedroom legality and accessibility remain unverified.", "The 8/20/4 case applies the existing two-bedroom rent proxy to those four homes. The unchanged 12/16/4 rent-mix sensitivity shows the result without that upgrade. No rent credit is taken for larger floor areas.", "Reference rates remain $275/enclosed sf and $100/open sf. The $500000 lift equipment/system premium, $12000 annual lift operating expense, 240 sf service pavilion and current siteworks allowance remain. Pricing is unquoted; market assumptions are not refreshed.", "Conditional assistance assumes free land, $225/sf before an 8% premium, 20% restricted units, 22.5% tax benefit and enough assistance to reach 12% equity IRR and 6.5% stabilized yield. Funding is uncommitted.", "Four-foot gallery width is a clear design target. Wall/guard thickness, five-foot passing and entry pads, fire protection, door maneuvers and a two-exit strategy require architectural approval. Wider final assemblies may change areas and costs." ] }