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Old Posted Dec 17, 2021, 5:44 AM
Toasty Joe Toasty Joe is offline
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Join Date: Feb 2020
Location: Wicker Park, Chicago, IL
Posts: 376
Quote:
Originally Posted by gandalf612 View Post
Due to Jahn complete incompetence it will cost them $280 million just to fix his idiotic mistakes and make the building habitable.
pretty sure he designed double glazing and other features to better withstand the elements/ test of time, the developer just cheaped out? but yeah this building never seemed to want to be the most practical.

Quote:
Originally Posted by gandalf612 View Post
For reference, Trump Tower cost $850 million to build. So literally a third of the cost of a supernal to not gain any more leasable space. But tearing it down would also be incredibly complex and expensive because you'd have to buy out the master lease on the food court, AND keep the busiest, multilevel CTA station running during demolition and construction of whatever you'd want to build there.
$1.2B in today's dollars. and idiotic yes but 400 N Wabash was not above an active train station (the busiest, as you mention) and don't count me shocked if it turns out that specific developer cut corners in one way or another.
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