My bet is the previous estimate to bring it up to code, meant gut to the concrete superstructure and cut the atrium hole down the centre so the building is a manageable size to re-develop.
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"But a city can be smothered by too much reverence for its past. The skyline must keep acquiring new peaks, because the day we consider it complete and untouchable is the day the city begins to die." - Justin Davidson - May 2010 Issue of New York
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