Overview

• The renovation of the Hamburg Finance Authority building at Gänsemarkt 36 is projected to cost €95.7 million, exceeding initial estimates.
• Scheduled to begin in the spring, the project is expected to be completed by the first half of 2028.
• The CDU criticizes the project as a potential financial burden for taxpayers, labeling it a prestige project.
• The building, purchased back by the city for €119 million in 2023, requires extensive foundational repairs and modern updates.
• Critics highlight past political decisions, including the 2006 sale of public properties, as factors in the current situation.