time-building.jpgThe New York Times’ fancy new building on 8th Avenue comes at a cost. First there was the falling glass and other debris, then there was that annoying issue of mice making a home in the skyscraper.

But how’s this for a cost? The New York Times headquarters building is likely to depreciate at a rate of $8 million per quarter, according to its latest earnings release.

What’s $8 million per quarter? Here’s our rough breakdown:

    $2.67 million per month $88,889 per day $3,704 per hour $62 per minute $1.03 per second

In other words, the building lost $30 — give or take — while you were reading this post.