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by visakanv 3319 days ago
5%? $250,000,000 a year to maintain a building? I don't know anything about building maintenance costs, but a quarter of a billion dollars a year seems a little excessive. How do you arrive at that figure?
2 comments

Seems high. For residential real estate, you usually estimate 1% of a home's cost. So for the campus it would be $50M per year, which wouldn't surprise me in the least.
A lot of that would be energy costs as well, which the new building will have for much cheaper with the solar panels on the roof.
Maintenance and operating. It's not far off.