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Title: U.S. Taxpayers Paying Big for New United Nations Building Post by: Coach Hank Crisp on October 03, 2011, 05:05:38 PM http://blog.heritage.org/2011/10/03/u-s-taxpayers-paying-big-for-new-united-nations-building/
Quote Heritage’s Brett Schaefer writes at National Review Online that the U.N. is erecting a new building next to its existing tower in Manhattan, on an existing playground. The U.N. hasn’t provided the Obama administration or Congress an official cost estimate for the project or a detailed justification of the need for the building, but Schaefer says earlier estimates pegged it at $400 million–and that could go much higher. Earlier this decade, construction of a new U.N. building was estimated to run about $400 million. And New York wants $65 million for the playground property. Add those two figures for a lowball estimate. The cost could go much higher, however. After all, the current renovation of the U.N. building was initially estimated at $600 million. It’s now expected to wind up costing more than $2 billion. |