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Is there such a thing as scrap value for a building? If you tear it down are there any materials worth scavenging or is the only real value in the land?
by 0cf8612b2e1e 3y ago
Is there such a thing as scrap value for a building? If you tear it down are there any materials worth scavenging or is the only real value in the land?
- 55555 3y agoYes, there is. >> For example, the Deutsche Bank Building in New York, demolished in 2011, contained about 40,000 tons of structural steel. At that time, scrap steel prices averaged around $200 per ton, yielding an estimated $8 million from steel alone.