Not repair, rebuild from the inside out. It will not meet today's code. They will have to gut it from the inside,, build a earth quake, fire resistant building inside it and then try to make it look like it used to on the inside. Almost impossible to do.There is no way that building cost $8 million to repair!
8 million would build a city block worth of new construction. It will not be enough to "restore"that old building. but, if someone wants to invest their own money in this folly, go for it. Not my tax money!