Pretty sure the remaining are being phased out. You hardly see them anymore.

Could be. Maybe in a few years it will be seen as cheap. Who knows.

Or maybe the buyer is just a big fan of The Boys and wants to pretend to hunt supes

the thing with ALL these iconic landmarks is that the internal infrastructure is a fucking mess, so any bid is taking into account the 9 figures they're gonna have to spend un-fucking it

So… why was a building of this significance sold at an auction? Who was the previous owner

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.

Steal the air!!

First thought was it's a steal when you consider that the high level apartments on billionaire's row went for hundred million range.

Where else would they find the Teenage Mutant Ninja Turtles?

Correct. But the schools are defunded. So please don’t pretend like they aren’t. Unless the money gets to the actual schools, they don’t have it.

There's a huge issue of equity here too; the unfair allocation and costs of radio licenses means that an immigrant community that actually still would like to use radio for something other than classic rock and bad advertising has no way to access it, and internet radio is simply not as accessible to everyone in that community

Based police policing police

Door handles sold separately

$850/sf for a fully vacant office building is an obscene overpayment. Likely that the only economically viable business plan is to convert to condos.

So we should be talking about allocating the money properly, if that’s the case.

Article doesn’t even mention why they went into the sewer. Just curious for the reason.

Want the subway? Nah too crowded. Let’s pop down in the sewer to get home

Honestly 190 million for the fucking Flatiron building seems cheap? I’m not in the business of buying building but, damn

>I'm guessing from a company who got there first and are doing nothing with it?

Why would you guess that? AM/FM stations can't be silent for more than 1 year (and often less than that... they have to inform the FCC within 10 *days* of going silent) or they lose their license.

There's a reason they aren't issuing more...

So were you lynching every American because of that? Nah. You just lash out at successful opera singer and everyone who refuse to be same troll.

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>For some reason this is less than I expected for the building

Me too.

Whoever’s Maserati you saw was a Hatzolah ambulance service for Jewish people. Those guys get official sirens and lights for any car to serve religious Jewish patients. The cars belong to the doctors.

Just because the DOE has a higher budget, doesn’t mean the schools are seeing that money.

They might have bought the building only, and not the land. That brings the value down if they have to make large rent payments to the landowner.

SCUBA gear

Cooper Union owns that land, right? I seem to remember something about that being a major source of revenue for them.