Reykjavík landmark Harpa Concert Hall and Conference Centre lost ISK 664 million last year.
A new building, located at Laugavegur 4-6, has been the subject of considerable controversy in Reykjavík in recent days.
Contractors this week demolished Exeter House, on Tryggvagata in Reykjavík, against planning rules. All work on the site has been stopped and the City of Reykjavík is likely to report the demolition to the police for criminal investigation. The chairman of the planning committee describes the...