Lutnick lists planned renovations including guest rooms, public spaces, dining areas and amenities.
“complete renovation of the guest rooms, public areas, dining facilities, and amenities,”
Lutnick references a renovation delayed by over a year beyond its scheduled completion.
“a renovation project that has dragged on more than a year past its deadline.”
Lutnick explains that renovating a century-old occupied building presents inherent challenges.
“You cannot renovate a 100-year-old building with people living in it, right?”
Lutnick warns that a damaged structure lacks the resources and skilled personnel needed for reconstruction.
“There will simply not be the expertise or funding necessary to rebuild and renovate this decimated structure,”
Lutnick describes a cascading failure where donors left and funding stopped, halting rehabilitation work.
“donors to flee, financial contributions to dry up and structural rehabilitation to stop.”
Lutnick says a building poses safety risks and needs work to serve American interests.
“This is for America, this is to create the greatest institution in America, the building is dangerous,”