A row has broken out in Madrid between authorities and the new owner of Madrid’s iconic Edificio España building, which is in danger of being torn down and completely rebuilt from the ground up.
The landmark building, which fronts Madrid’s Plaza España, was bought by a Chinese real estate group in 2014 after lying empty since 2007. A condition of the sale was that the group would keep the building facade and side wings intact but now the new owner is insisting this isn’t feasible and the entire building needs to be pulled down in order to complete major renovation works. The group has promised to rebuilt the facade using similar materials and so that it looks exactly the same, but Madrid City Hall has flat-out refused to let the demolition go ahead, believing that it is still possible to retain the original 1950s facade – just more expensive. Read more: elpais.com