Well, the School's going to get a new building run with a public private partnership.
Basically, some private contractor builds the school and takes care of it and the City of Frankfurt leases it for a whopping amount of money.
As if generations of honest Frankfurt school janitors weren't able to run "their" schools.
Perfect way to distribute taxpayer's money and public real estate to political cronies..
Originally it was only to be renovated, then somebody realized that money could be made here and called in a few political favors.
Result: A shabby but perfectly good school building torn down, and the city of Frankfurt losing valuable real estate.