leg_day t1_jdda483 wrote
Reply to comment by imlavanow in Historic Flatiron Building sells for $190 million at auction by Orener
It needs a shitload of work. Even in 2019 when it was still occupied it was pretty horrible inside -- and that was after a bunch of retrofits.
It's also landmarked, so everything costs more.
Trying to renovate and retrofit a landmarked building and bring it up to modern standards is hard. And risky. And time consuming. And expensive as shit.
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