That suggests taxes of $12.64 a square foot in 1992, the Real Estate Board says.
The Real Estate Board has bitterly fought the changes.
He was also president of the Real Estate Board from 1980 to 1986.
Since 1978, according to the Real Estate Board, construction activity has generated $772 million in city payroll and sales taxes.
The Real Estate Board also had no comment to make.
The construction unions and the Real Estate Board have also thrown their weight behind the stadium.
The union agreed to the changes after working with the Real Estate Board and the contractors to research the cost of nonunion painters.
In the end, the Real Estate Board accepted the site, even though it will cost millions to stabilize the land.
The Real Estate Board's statistics tell the story of that surge.
The Real Estate Board has said the new rule "raises serious constitutional issues."
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