UN votes for $1 billion makeover

August 11, 2010

The United Nations is planning a $1 billion renovation of its New York City headquarters and the addition of a 30-story office tower, both of which could be completed by 2009. Officials say the 38-floor U.N. Secretariat building, which is more than 50 years old, has no sprinkler system, may contain asbestos, and contains outdated electrical and operating systems that are expensive to operate and maintain. The cash-strapped organization plans to finance the project through contributions by member states, though loans and private donations also may be involved.

         
 

Comments on: "UN votes for $1 billion makeover "