How large a premium for 11 foot ceilings?

10 foot is standard? Where?

Well, there is no true standard, but I feel like 10 foot is pretty typical for new developments.

Post war 60-80s standard was 8 foot. Pre-war experts will tell you pre-war was probably close to 9 foot standard. More luxurious building were built with higher ceilings.

New developments has shifted to minimum 9 foot even though I have seen some with 8.5 foot. Ceiling height should be proportionate to the room sizes. If you have a 1300 sq ft 2 bedroom, there is not a big difference in 10 and 11 foot. But if you have a 700 sq ft living room, 10 and 11 will feel different. With taller ceilings, you windows are likely to be bigger too and you have taller closets for all your suitcases.

Is standard is 9'. Why not 10-20% for 11'?

Ha. Would you pay 50% more for 13.5 foot ceilings and create an extra bedroom?

I would pay more for 13.5 ceilings than 9.0 ceilings. I would not pay the premium that a developer would need to raise the ceiling height so much to lose a floor in a building.

I would pay more for 13.5 ceilings than 9.0 ceilings. I would not pay the premium that a developer would need to raise the ceiling height so much to lose a floor in a building.

How much more for 13.5 vs 9 for say a 2000 sq ft 3 bedroom?

May I add that there is no easy answer as the buildings with higher ceilings may be built to higher standards otherwise, may have different view etc. And let us exclude ultra-luxury from the calcs for which the price had no rationale basis just like many tech stocks relative to the rest of the stock market. So it is very hard to create factor models in NYC real estate which can explain price variation.

If we could isolate 13.5 vs 9.0. For me I just want at least 9 and love 10-11. Cannot even visualize 13+. So I would pay more for up to 11. Thats 20% more space. However that space isn't utilized 1:1. So I would not value it at 20% more price to a like for like equivalent apartment. I would divide it by 3-4. So I should be willing to pay 5-7% more. Now a test: For a $3.5MM apartment with 9', would I pay $3.7MM to get an apartment with 11'? Yes I would. I think I would be willing to pay more, maybe $3.8-3.9. So a full 10% more -- half of the space increase. But I would not pay even more for 12' or 13' (it would be a sliding scale less than 10% for diminishing returns). For context I am close to 6' and parent/inlaw are also close to 6'. Going from 8.5 to 10'+ is real perceived benefit to me.

Indeed. Every inch starting from 8 foot counts a lot till say 9 foot regardless of the apartment size. After that it depends on other factors biggest being living room size. You wouldn’t want a loft with only 9 foot ceilings. The standard for lofts is really 10 foot and that may be ultra-luxury minimum standard as well.

Saw a rental today with 13.5' ceilings and recessed lighting. Was really great! But not sure the overall unit would work. Actually empirically think we would be ok with the less size of the unit (maybe 10%?), so the 10% premium i said above held through. Other aspects of building were not great though, leading to a likely pass.