da_london_09 t1_jdeip60 wrote

It's the main reason why Penn Plaza was torn down. Between asbestos abatement, old rotting galvanized pipes, dangerous aluminum wiring, aging appliances, worn out roofing, and worn out HVAC systems, it would be pretty much impossible for the owners to repair it without moving people out (mainly for asbestos), and without having to substantially increase rent to cover the renovations.