Quote Originally Posted by Just the facts View Post
With regard to Trump's comment, it took him a long time to say that renovations should cost 1/2 of building the structure new with a slight upcharge for coverting office to residential. So how much would a residential building constructed with the same building materials as FNC cost today?

The 35 story 909 Walnut building in Kansas City was converted from office to residential for $36 million.

This and the adjacent building were bought for $2 million and renovated for $64 million about 6-7 yrs ago, I believe. I think the sq ft cost of renovation would be in the range of what we are talking about with FNC. BTW, this KC property sells the condos now for about $300 per ft.