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« on: July 12, 2007, 10:59:13 PM »

Renovation of UN headquarters is at least $148 million over budget

Published:    07.13.07, 04:54 / Israel News

The $1.9 billion renovation of the UN's headquarters overlooking New York's East River is at least $148 million over budget - and that is before any work on the landmark building has begun, the UN Board of Auditors said in a new report.

A report by the Board of Auditors obtained Thursday said implementation of the plan to renovate UN headquarters ''has been delayed by about a year.'' ''The board is concerned with the financial implications resulting from the delays in implementing the project,'' the report said.

Renovation of UN headquarters is at least $148 million over budget
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