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Restoration of the Notre Dame Cathedral could take years and cost upward of $1 billion, experts say

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CNBC
April 18, 2019

Many priceless items were saved from Notre Dame Cathedral on Monday after a massive fire tore through the structure. But the 12th century Parisian landmark itself has a long — and expensive — road ahead to full restoration.

Another half-hour and the blaze could have entirely collapsed the cathedral, French authorities told The Guardian. It left behind damages the scale of which is still unknown. The restoration project could take years and likely millions more than the funds donated thus far — and is unlikely to unfold without controversy, experts say.

Pledges toward the restoration efforts surpassed 700 million euros, or $790 million, in the first few days. But the full extent and cost of the damages remains to be seen.

Investigators haven’t been able to enter the cathedral to assess what might have caused the fire. The Paris public prosecutor’s office has stated that it appears to have been an accident, and that it has no reason to believe it was arson.

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This article was posted: Thursday, April 18, 2019 at 4:47 am





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